2013年8月27日星期二

Refined oil price adjustment window open on Friday

National economic data better, tensions in the Middle East, international oil prices rose sharply for two carbon steel concentric reducer consecutive days. London brent crude oil futures prices higher again to above $110 as of August 23, closed at $111.04 a barrel on the New York mercantile exchange, October delivery of light crude oil futures prices closed at $106.42 a barrel.
A package of the average price of crude oil rate also rose. According to the petrochemical network measurement, 6 working days as of August 26, the main index of crude oil compound rate of 1.75%.

According to the refined oil pricing mechanism is put forward the principle of "adjust a 10 working days", the refined oil price adjustment window will open on August 30th. After August 2 and 16, because of the ASTM A234 WPB Carbon Steel Equal Tee china producer adjustment is not up to 50 yuan per ton, oil pricing was the first time after the introduction of new mechanisms of stranded in a row.
Analysts said the first two rounds of refined oil pricing all ended in ran aground, about 50 yuan per ton of adjustment will accumulate in the pricing, thus predicting the adjustment will significantly raise the red line, more than 50 yuan per ton unless this week the concentric reducer steel pipe fittings international crude oil prices fell sharply in a row, otherwise there is little possibility of reversal. And important event this week, a lack of guidance, of the more important is the second quarter GDP data and the unemployment rate in July, at the current situation data, or will be positive, potential support of the Middle East still exist at the same time, international oil prices plunged very hard, so the oil increase almost nailing on the plate.

Analyst forecasts, this round of refined oil price adjustment trend to increase, rate of about 130 yuan per ton, or 0.09 yuan per liter standard 90 # gasoline, 0 # diesel 0.11 yuan per liter. And zhuo chong zhang bin, an analyst forecasts of rise in range is larger, think the rate corresponding to the rise of crude oil at $130 a tonne, if crude sustain a rally this week, oil prices rose on Friday or will exceed 200 yuan per ton.

Affected by the oil price rise is expected, the domestic refined oil market marketing situation improves, north China, northeast and other regions on a small push to clinch a deal price of "expects this week in monthly task under pressure, the domestic main unit such as sinopec, petrochina continue on shipment, better individual task areas or have edged up action, to refining the price under the terminal demand will still have scattered may push up." Sun Xuejun judgment.

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