Oil prices this week cut Ji'nan's gasoline 93 or below 7.5 yuan.
source: Car Review Network Author: Yue Yue
11 month 5 (reporter Xu Kai) reporter today from JOYOU information, Zhuo information and other product oil analysis agencies to understand that the international crude oil prices continue to decline, the domestic price of refined oil will be the earliest in this At the end of the week, the highest retail price of Ji'nan No. 93 gasoline is expected to fall below 7.5 yuan per litre.
according to the current oil price management method (Trial Implementation), the domestic oil price can be adjusted accordingly when the moving average price of the crude oil in the international market is more than 4% in the 22 working days. It is understood that the US non farm employment data is driving the rise in the dollar exchange rate and the market is worried about the prospect of a decline in energy demand after Hurricane Sandy. International crude oil futures closed down on Friday, down nearly 2% in this week's trading. In November 2nd, the change rate of three areas of crude oil movement was -3.26%, down 0.13% compared with the previous working day, and the average mobile weighted average price of 22 working days was $109.63 / pail. JOYOU information and Zhuo information analysts said that today is the fortieth working days after the price adjustment, if the latest data rolling, the foreign disk November 9th (Beijing time in the early morning November 10th) finished oil downregulation window will be opened, compared with the previous work day 3 days ahead of time.
at present, the maximum retail price of Ji'nan No. 93 gasoline is 7.71 yuan per liter. Chen Qing, an analyst at Zhuo Chuang, said, in the short term, international oil prices continue to show a downward trend of shock, the three oil change rate is expected to close -4% in November 9th, the earliest domestic prices will be reduced this weekend, expected to be 300 yuan / tonnes, 90 / 90 gasoline, 0.23 yuan / liter of No. 93 gasoline, 0 diesel 0. .26 yuan / liter. After this price reduction, the price of No. 93 in most parts of the country, including Ji'nan, will fall to 7.5 yuan / liter below, and the price of No. 0 diesel will fall to about 7.3 yuan / liter. At present, the global economic situation is still poor, China has failed to take advantage of it. The consumption of refined oil has also fallen from the previous year. The outstanding investigation shows that the two major main battalions are only about 40% - 60%, and the sales situation is severe in the four seasons. It is expected that after the price reduction, the cost of economic operation will be reduced to some extent, which will stimulate consumption to a certain extent, and will also be beneficial to the post sales task of the main units.
Chen Qing said that the adjustment of the refined oil price will have a certain impact on CPI. For CPI, if the price is down 300 yuan / ton, the range of CPI will be directly lowered to about 0.007%, but with the transmission of logistics transportation, the range will be about 0.01%. It is estimated that China's CPI growth will remain at 2% in the four quarter of 10 to November. In the case of controllable inflation and slower economic growth, the central bank is expected to cut interest rates in the near future.