The client of China and Singapore Jingwei on March 17th. On the 17th, the National Development and Reform Commission held a regular press conference in March. Peng Shaozong, deputy director of the Price Division of the National Development and Reform Commission and a front-line inspector, revealed that domestic prices of refined oil products in this round were based on crude oil prices of US $ 40. Level down. According to agency estimates, most areas in China will return to the "5th era", and a full tank of small private cars will cost about 40 yuan less than before.
Data Map: Gas Station. Zhongxin Warp and Weft
At the press conference, a reporter asked a question. International oil prices have fallen sharply recently, and today is the window period for domestic refined oil price adjustment. How will domestic oil prices be adjusted? Will it hit the lower limit of $ 40?
Peng Shaozong pointed out that according to the oil price management measures introduced in 2016, the maximum retail price of domestic gas and diesel oil is adjusted every ten working days in accordance with changes in international crude oil prices. From the past ten working days, international oil prices have fallen sharply, and the average level has fallen below the lower limit of US $ 40 per barrel, which is what we commonly call "floor price". According to the mechanism, the domestic refined oil price will be significantly reduced from 24 o'clock today to the corresponding crude oil price of US $ 40, and the part below US $ 40 will not be lowered.
According to Peng Shaozong, the upper and lower limits of the refined oil price mechanism are set, with an upper limit of 130 US dollars per barrel and a lower limit of 40 US dollars per barrel. That is, when the price of crude oil in the international market linked to domestic refined oil prices is higher than 130 US dollars per barrel, gasoline and diesel are the highest. The retail price is not mentioned or is rarely mentioned; below $ 40, the maximum retail price is no longer reduced. From the historical situation, from January to April 2016, due to the sharp decline in international crude oil prices, the lower limit of domestic refined oil price regulation was reached, and domestic oil prices were not adjusted according to the mechanism below $ 40.
In this regard, Zhuochuang Information told the Sino-Singapore Jingwei client that as of the close of March 16, the domestic crude oil's reference rate of change on the 10th business day was -26.61%, corresponding to the domestic gasoline and diesel retail price reductions of 1015 and 975 per ton, respectively. RMB, which translates into price increases. The 92 # gasoline and 0 # diesel are reduced by 0.80 and 0.83 yuan per liter, respectively. This reduction is the largest decline since the implementation of the new pricing mechanism in 2013. Zhuochuang Information expects that a small private car with a fuel tank capacity of 50 liters will cost about 40 yuan less than a full tank.
According to the calculation of Zhuochuang Information, if the price of crude oil is adjusted to US $ 40, the domestic retail price of gasoline and diesel will be reduced by 1015 and 975 yuan per ton, which translates into price increases. 92 # gasoline and 0 # diesel will be reduced by 0.80 and 0.83 per liter, respectively. Yuan, by then, most of the country will return to the "5th era."
Longzhong predicts that the gasoline and diesel price limit will be lowered at 24 o'clock on March 17, by 1015 yuan per ton of gasoline and 975 yuan by diesel, equivalent to 89 # 0.75, 92 # 0.79, 95 # 0.84, and 0 # 0.83 yuan per liter. (Zhongxin Jingwei APP)