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Quick report International three-weighted (October 31) Weighted on the day today, the weighted base of the pricing fluctuation in the rate of price adjustment Gasoline 60.025 65.165 63.008 59.553 3.455 5.80% Diesel 82.847 84.732 82.978 57.252 25.726 44.94% Consolidated 31.09% [Singapore International Market Review] Naphtha / Gasoline: Fri light distillate spot prices in Asia followed the international Crude Futures prices. Deserted spot market in Singapore, naphtha and gasoline market is not spot transactions. Nearly all Asian manufacturers have reduced production of cracking, and lower demand due to weak, reducing the consumption of naphtha. A cracker maker, said a trader, as downstream demand remained at this low level, so no one really want to buy any of naphtha cargo. Refiners in South Asia or to the depth of the recent sales of naphtha premium, sometimes selling prices achieved in the Middle East naphtha average price of -40 dollars / ton low, or canceled because of low bids stone brain oil sales tender. Cracker maker, said one trader, Kuwait Petroleum and East Asia naphtha buyers contract negotiations will start next week, and may also receive lower bids. The trader also said that as there is no downstream demand, there is no reason to rise higher and higher water prices for naphtha cargo. 12 arrival of the Japanese half of the month open specification naphtha price of 286 U.S. dollars / ton, up prices fell 74 U.S. dollars / ton. 12 half of the month / December for the second half of the difference between the -16 half dollars / ton. Gasoline market area also showed weakness, because the main users - China, Japan and the slowdown in U.S. demand and the needs of Northeast Asia, the summer season ended. And Indonesia have to discount prices in November to complete its purchase of gasoline cargo demand. Oil mining companies in Indonesia (Pertamina) price -1.50 Singapore dollar / barrel price from another seller PetralOil and where to buy four ships delivered 20 million barrels of 88 # gasoline FOB shipments, the date of shipment were 11 19-21, 11, 21-23, Nov. 25-27 and Nov. 27-29. One month ago the price of 88 # gasoline cargo small premium. In addition, the "Taiwan," Chinese Petroleum Corporation sold more deep discount price on the December 1-31 Kaohsiung cargo shipment of 92 # gasoline, which reflects the decline in gasoline demand due to seasonal weakness in the market area situation. The company to the Singapore price -1.50 USD / barrel selling price of a cargo ship 25 million barrels of gasoline, MTBE content of 10%, while in November the sale price of close to -1.00 cargo USD / barrel. The company to Singapore about average price of flat sold another batch of 25 barrels of 12-month non-MTBE gasoline cargo loading. Diesel / Jet Fuel: Friday in distillates Asian spot prices followed crude oil futures prices. However, backwardation in Singapore spot market price for the high bids and rebound. No trading today, reached the spot market in Singapore, but thriving company in November 15-19 of 15 million barrels of diesel cargo shipment delivery price of -2.10 USD / barrel. Victoria's bid to -1.50 USD / barrels. Victor company in November 20-24 of 25 million barrels of aviation fuel cargo shipment price of -1.90 incremental dollars / barrel, but aviation fuel does not offer the cash market there. Traders said that as China's demand for aviation fuel and diesel downturn in the Asian area in the distillates market remains weak. Sulfur diesel spot price fell 4.35 U.S. dollars / barrel, to 73.00 U.S. dollars / barrel. Jet Fuel spot price fell 3.85 U.S. dollars / barrel, to 77.10 U.S. dollars / barrel. Middle distillates market may remain summer slowdown and continued excess supply due to the Asian region. Seller has been seeking opportunities to cargo destined for Western markets, because the two sides of arbitrage window open, but when completed later this year to overhaul the European refiners when the arbitrage window will close. Aviation fuel market even worse than the diesel fuel market, due to aviation fuel / diesel price difference over a week ago, more than one U.S. dollar dropped to nearly 4 U.S. dollars / barrel level. Economic slowdown in the Asian region, air transport demand has been shrinking, thus inhibiting the aviation fuel requirements. CAO has completed 12 months of purchase requirements, which purchases 11 months, lowest level, and the company is expected to lower the price of aviation kerosene cargo purchased in December, the reaction route surface coal market weakness. [Review of the domestic market] [South China Market] (including: Guangdong, Hainan) Friday (October 31) South China market, shipments of smuggled oil prices continue to drop, trading strong, pressure main selling, no significant improvement in the national standard shipping near the end of Main gradually into the end of checkout stage, around the main market of foreign wholesale prices for diesel are mostly stabilized. Early slump in international oil prices to domestic oil wholesale and retail end of an inverted situation, where refineries have started refining, refined oil wholesale market and resources, prices fall, profit margins of retail gas station also will expand. Close to the end of October, Sinopec stocks are projected nationwide gasoline and diesel is about 4.5 million tons, only to realize within two months Sinopec down library 900,000 tons, and Guangzhou, Chongqing and other places some of the social retail price of gasoline and diesel stations have lower prices. Followed, domestic refined oil pricing mechanism of, insiders said that the reform oil pricing mechanism can not simply emphasize with the international market, because the current international market of refined oil pricing mechanism is not perfect, the international oil price is very rational, completely finance oriented, and this time merged with the international open market, oil prices will inevitably occur with the ups and downs of international oil prices, oil producers for the society as a whole and the majority of consumers, its price volatility will lead to bad social impact. At the same time that China's refined oil pricing mechanism reform, not controversial, but in a way in line with international standards is critical. He suggested that the new direction of refined oil pricing mechanism to the international oil market changes and maintain the same trend, but the middle to form a filtering mechanism to filter out through this mechanism is not sensible in international oil prices I am an expert from gps-wireless-module.com, while we provides the quality product, such as Coaxial SMA Connector Manufacturer , Wireless Modules Manufacturer, Active Antenna Systems,and more.
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