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As the price of oil rose gradually, yesterday, CNPC has officially raised the price of oil in the large diesel region, which has been raised by 50 yuan per ton, and increased by 100 yuan per ton outside the district. This is the most recent rebound in the allocation price of the PetroChina region in recent years. On July 11th, the price adjustment for the PetroChina diesel oil region was just lowered with the official adjustment of refined oil prices.
PetroChina's allocation price has always been regarded as a benchmark for the adjustment of domestic refined oil prices. This is also the first time that the oil giant has raised the allocation price since the third official oil product reduction this year. PetroChina's transfer price rose from a fall, suggesting that the next round of refined oil prices adjusted or turned down.
The regional allocation price is the price paid by the regional companies (such as North China, East China, South China, etc.) to provincial-level companies (such as Shandong, Hebei, and Henan provinces). After the provincial-level companies get refined oil at this price, they Wholesale or retail. Therefore, it can be understood as the internal settlement price between PetroChina and Sinopec.
The downward adjustment of the transfer price also indicates that the oil central government has reserved more profit for the sales company.
According to Zhuo Chuang Information, on July 11th, when the National Development and Reform Commission lowered the price of refined oil, PetroChina had followed a downward adjustment of the transfer price in the large area. Among them, the gasoline allocation price was reduced by 320 yuan per ton and the diesel price was lowered by 300-350 yuan per ton.
“Only after the last eight days of adjustment, PetroChina once again raised the regional transfer price. This is not unrelated to the recent rise in international oil prices.†The analyst pointed out that with the recent international oil price “seven consecutive yangâ€, the domestic main The unit continuously pushed up the price of gasoline and diesel, and the profit from sales of gasoline and diesel continued to increase. However, due to the unsatisfactory performance of the previous period, the resource allocation of the main units of this month was not high.
Zhuo Chuang statistics show that social unit stocks currently soared by 425.78% from the end of June, resulting in the tension in the main resources in some regions. The main unit did not intend to increase the allocation plan this month in order to protect the growth of profits. However, under the background of the main unit pushing prices, traders are optimistic about the market outlook, buying interest has increased significantly.
"In this context, it is expected that PetroChina's rapid increase in the price of diesel oil is no more than the pursuit of profits. The way to increase costs stimulates sales organizations to continue to push prices to increase sales profits, and to make up for the rise in international oil prices. Make this growth." The analyst said.
Prior to this, Sinopec has said that adjustment of the transfer price is considered from the point of view of internal operating balance of the group and is a means of adjusting the profitability and resource allocation of various internal departments. It has “no relationship†with the wholesale price of the market and will not generate supply to the domestic refined oil market. influences.
According to the prospective Industry Research Institute, as of July 18th, the average price of crude oil in the three places (Sinta, Dubai, Brent DTD) was 104.402 U.S. dollars per barrel, and the average price of the last 22 days was 98.075 U.S. dollars per barrel. The price was changed from July 9 The daily benchmark price rose by 0.60%.
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