The National Development and Reform Commission issued the latest price adjustment notice and raised the maximum retail price limit of refined oil by 350 yuan per ton. As a result, the refined oil price adjustment window that began in mid-January has finally completed its first increase in 2011 after the Spring Festival. At this time, the retail price of Changchun 97# gasoline also rose from the original 7.4 yuan/liter to 7.71 yuan/liter.
The price increase of 93 # gasoline from 6.78 yuan / liter to 7.06 yuan / liter yesterday at about 18 o'clock, a message on the refined oil prices at 0:00 on the rise of the news attracted the market's attention. Four hours later, this news was confirmed by the NDRC document. According to the directive issued by the National Development and Reform Commission, the factory price of gasoline and diesel will be raised by 350 yuan per ton from today's zero hour. As a result, the price adjustment at zero hour on the 20th will be the first price increase for the refined oil retail market in 2011.
Affected Gasoline Users Difficult Diesel users have no major impact in the short term On the 19th, at 22 o'clock on the 19th, after news of the adjustment of refined oil prices was reported, the reporter learned from a PetroChina gas station near Nanguan that although there is still two hours before the price adjustment, it is here. There are long queues before the two rows of tankers. The owner of Kyrgyzstan AAS6*0 said in an interview: “At night, my friend told me to increase the price, so I would like to add some oil nearby. This box full of oil is also considered as the province’s package of cigarette money.†Gasoline users can understand the sensitivity of price increases. However, diesel users do not need to worry.
Mr. Liu, a private petrol station owner, told reporters that although the price of diesel oil has been raised by about 0.3 yuan/liter, for diesel users, the gradually warmer temperatures allow diesel users to use offsets to offset the impact of diesel price increases.
Measures China's Subsidy to the Public Welfare Industry Mr. Cao Changqing, Director of the Price Division of the National Development and Reform Commission, said that since December 22 last year, the price of crude oil in the international market has continued to fluctuate. On January 22, the average price of crude oil in the international market exceeded 22% for 22 consecutive working days. According to the existing oil price formation mechanism, domestic refined oil prices should be appropriately raised, but considering the current price situation, the Spring Festival and the supply and demand conditions of the refined oil market. The state has appropriately postponed the price increase and has controlled the price increase. If we do not control the rate of price increase, we will form a mechanism based on the current price of refined oil products. This time, the increase in oil prices is about 10%. The state has asked PetroChina and Sinopec to play a role in the internal and external interest-adjustment mechanism of the enterprise, and partially absorb the pressure of rising crude oil prices to subsidize the refinery enterprises.
Liu Zhenqiu, deputy director of the Development and Reform Commission's Price Division, said that after this oil price adjustment, the state will adjust the subsidy mechanism for public goods according to the current price of refined oil and continue to subsidize grain-growing farmers, fisheries, forestry, urban public transport, and rural road passenger transport. The taxi industry gives temporary subsidies; it continues to do basic living guarantees for difficult groups such as urban and rural residents.
The price increase of 93 # gasoline from 6.78 yuan / liter to 7.06 yuan / liter yesterday at about 18 o'clock, a message on the refined oil prices at 0:00 on the rise of the news attracted the market's attention. Four hours later, this news was confirmed by the NDRC document. According to the directive issued by the National Development and Reform Commission, the factory price of gasoline and diesel will be raised by 350 yuan per ton from today's zero hour. As a result, the price adjustment at zero hour on the 20th will be the first price increase for the refined oil retail market in 2011.
Affected Gasoline Users Difficult Diesel users have no major impact in the short term On the 19th, at 22 o'clock on the 19th, after news of the adjustment of refined oil prices was reported, the reporter learned from a PetroChina gas station near Nanguan that although there is still two hours before the price adjustment, it is here. There are long queues before the two rows of tankers. The owner of Kyrgyzstan AAS6*0 said in an interview: “At night, my friend told me to increase the price, so I would like to add some oil nearby. This box full of oil is also considered as the province’s package of cigarette money.†Gasoline users can understand the sensitivity of price increases. However, diesel users do not need to worry.
Mr. Liu, a private petrol station owner, told reporters that although the price of diesel oil has been raised by about 0.3 yuan/liter, for diesel users, the gradually warmer temperatures allow diesel users to use offsets to offset the impact of diesel price increases.
Measures China's Subsidy to the Public Welfare Industry Mr. Cao Changqing, Director of the Price Division of the National Development and Reform Commission, said that since December 22 last year, the price of crude oil in the international market has continued to fluctuate. On January 22, the average price of crude oil in the international market exceeded 22% for 22 consecutive working days. According to the existing oil price formation mechanism, domestic refined oil prices should be appropriately raised, but considering the current price situation, the Spring Festival and the supply and demand conditions of the refined oil market. The state has appropriately postponed the price increase and has controlled the price increase. If we do not control the rate of price increase, we will form a mechanism based on the current price of refined oil products. This time, the increase in oil prices is about 10%. The state has asked PetroChina and Sinopec to play a role in the internal and external interest-adjustment mechanism of the enterprise, and partially absorb the pressure of rising crude oil prices to subsidize the refinery enterprises.
Liu Zhenqiu, deputy director of the Development and Reform Commission's Price Division, said that after this oil price adjustment, the state will adjust the subsidy mechanism for public goods according to the current price of refined oil and continue to subsidize grain-growing farmers, fisheries, forestry, urban public transport, and rural road passenger transport. The taxi industry gives temporary subsidies; it continues to do basic living guarantees for difficult groups such as urban and rural residents.
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