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Price adjustment in domestic oil is expected to remain strong, while closely related with the international oil price of domestic oil prices will rise. Recently, this newspaper learned that the Great Wall Lubricating Oil of Sinopec and PetroChina Kunlun Lubricating Oil companies have said the company will raise oil prices in May, including the Great Wall lubricating oil all grades rose in the 200-400 yuan / ton, whereas Kunlun Lubricating Oil prices will rise 200 yuan / ton. Following Mobil, Exxon and other oil price rise, the domestic oil market finally has ushered in a time when its prices. Since entering in April, based on continuous high oil prices, lower oil producers bear the increasing cost pressures, which also contributed to oil prices pushed up this direct cause. Monitoring results show that the oil base oil prices up at the end of April 200-300 yuan / ton, including Dalian Petrochemical, Daqing Petrochemical, Fushun Petrochemical, Karamay petrochemical refinery price will be adjusted accordingly; while Sinopec base oil prices in May will also be up again, or the initial set of 370? 600 yuan / ton, its subsidiary refinery prices will sync up. Oil analyst Xiao-Ping Liu Zhuo information to create the "China Energy Report" news analysis: "The entered after 2010, Sinopec has three times the base oil price adjustments, which in January down 80 yuan / ton, in February raised 200 yuan / ton April raised 320 yuan / ton; while the oil was twice raised the price of base oils, which in February raised 200 yuan / ton, up 600 yuan in April / ton. lubricants market in previous years, the situation has never been so. " It is understood that some Chinese manufacturers in the first quarter sales rose oil more than four percent. "Stabilize the domestic market economy, vehicle production volume growth, increased demand for steel and other related industries to stimulate the oil market has become another important reason for rapid expansion." Xiao-Ping Liu said. According to statistics provided by National Bureau of Statistics, 1? In March, China's auto production soared 73.2%, car sales rose 39.8%. Sustained increase in car ownership, so that lubricant suppliers good deal. The South China market, for example, to reconcile factory in South China is the largest number of national oil one of the regions, according to incomplete statistics, the South China Total Harmonic plant about 300, mainly concentrated in the Pearl River Delta, eastern Guangdong, western Guangdong, Guangxi, Beihai, Liuzhou, Nanning areas, especially in Shenzhen, Dongguan, Maoming; while oil demand in the region of about 700 thousand tons / year, the proportion of high-grade lubricating oil reached more than 80%, internal combustion engine lubricating oil accounted for 53% of the total, small package on demand of about 300,000 tons, is also a greater demand areas nationwide. Up for this price, the Great Wall an agent of a Shandong told reporters: "The Great Wall Lubricant March 1 has been raised 400-600 yuan / ton, the recent rise has excessive speed, which is likely to lead to lower prices on the current difficult to accept. "reporter has learned that the price increases caused by the end demand will not optimistic, even late there have been buyers worried about" marketing "and stocking will is not strong. In addition, an agent said, according to East China, Kunlun Lubricant up in April 1 400 yuan / ton, and early in May has raised prices only increase the downstream buyers wait on the market difficult to arouse the enthusiasm of their stocking. In response, Xiao-Ping Liu said: "The integrated oil market, now in high-price phase, while high-end market price of base oil for lubricants to accept a limited extent, can be said that some difficulty. Later the market will show 'there is no price City 'situation. agents and gas stations are likely to occur promotions activities to ensure their own income. " Zibo an oil-level agent believes that although demand is currently high season, but if oil prices rise, they will face increasing sales pressure. In response, Xiao-Ping Liu suggested that the issue in oil prices, rising raw material not be ruled out at present although the pressure, but the oil price increase production of giant news release does not exclude acts of speculation suspects, "Today, the market has been high oil prices Once a substantial price hikes, will most likely occur later 'air up' trend. " Deputy General Manager of Sinopec oil company, said Yao Liang, China's oil consumption is about the year 500 million tons. I am an expert from portablecargpsnavigationsystems.com , while we provides the quality product, such as car gps navigators Manufacturer , China portable car gps system, gps portable navigation device,and more.
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