Sinopec Sinopec still maintains the maximum retail price of refined oil

“The price of oil in some privately-operated and foreign-funded gas stations has fallen. Why haven't CNPC and Sinopec cut prices?” one owner complained on Weibo. The reporter learned yesterday from the Guangzhou market that a number of petrol stations, including Esso, have a discount of 0.25 yuan per liter for the Guangzhou-IV standard's 93# gasoline and 0.3 yuan per liter for the 97# gasoline. However, PetroChina and Sinopec’s gas stations still maintain the highest retail price of the NDRC, and no price cuts have been seen.

Although the recent international crude oil prices have risen, but as of yesterday was still 88.19 US dollars / barrel, compared to the previous period, the price is still low. In this context, some privately-owned and foreign-funded gas stations began to cut prices.

Yesterday’s reporter saw the Esso gas station near the Hengsha Toll Gate station, where the retail price of Yue 97 # 97 gasoline is 8.24 yuan/liter, and the price of 93# gasoline is 7.64 yuan/liter, which is higher than the current NDRC regulations. Limit price - Yueqing No. 97 # gasoline 8.54 yuan / liter, 93 # gasoline 7.89 yuan / liter, respectively, a discount of 0.3 yuan and 0.25 yuan.

“Esso’s discount rate is not the largest.” Yao Daming, minister of the Oil and Gas Chamber of Commerce of Guangdong Petroleum & Chemical Industry Co., told reporters yesterday, “Some petrol stations in private oil stations have a low price of only 7.3 yuan/liter for the major customers' Yue No. 93# petrol, which is quite cheap. Nearly 0.5 yuan/liter."

Yao Daming said, "The price of petrol stations at PetroChina and Sinopec is seldom cut by the prices of some private oil stations and foreign oil stations."

The oil giant insisted on the highest price. The reporter arrived at Sinopec's two gas stations on Daguan Road yesterday. On the price list, the price of Yue 97 # 97 gasoline is 8.54 yuan per liter, and 93 # gasoline is 7.89 yuan per liter. This is the current development and reform commission. The specified maximum retail price.

"Not notified of the price cut," said the station's staff member. "Since the price adjustment on April 7 this year, the price has been enforced."

PetroChina’s gas stations also maintain the ceiling price of the National Development and Reform Commission. However, CNPC began implementing a “point reward system” fuel card, which can accumulate a small icon for every 100 yuan filled with 5 small icons. For small gifts, after the accumulation of a certain number of icons, but also for cooking oil, rice and so on.

It is understood that Sinopec currently occupies more than 60% of Guangdong's refined oil retail market. In addition to CNPC's oil stations, social oil stations only account for a small proportion. This means that only a small number of owners can enjoy the benefits of reduced prices of refined oil.

The price difference between the wholesale and wholesale prices reached RMB 1,000 per tonne. During an interview, the reporter found that at the time when the NDRC did not lower the refined oil prices, the profits of the gas stations were quite staggering. This was also the result of some private gas stations and foreign gas stations raising the price tag to raise sales. important reason.

According to the latest figures released by the Guangdong Oil and Gas Association yesterday, as of the 12th, the Guangzhou Yue IV 93# gasoline is 9,400 to 9,500 yuan per ton, while the highest retail price is 10,436 yuan per ton, which means that the profit per ton of oil sold at the petrol station is up to 936 yuan. 1036 yuan; Guangdong IV97 # gasoline 9900 ~ 10,000 yuan / ton, while the maximum retail price is 11026 yuan / ton, which means that the profit per ton of sales of up to 1026 yuan to 1126 yuan.

According to industry insiders, the amortization cost of a small petrol station is approximately RMB 200/tonne, and approximately 20 tons of oil is sold per day (including about 10 tons of gasoline). According to the current petrol patch price difference, a small petrol station's daily net profit can be as high as 10,000 yuan, and can earn nearly 300,000 yuan a month.

"Obviously, the current market for gas stations, the important thing is to do the amount up." An industry source said.

The giants do not lower their prices in the major markets After breaking the 4% red line shortly before the holiday, the international crude oil prices have turned upside again, resulting in no hope of reducing the domestic refined oil prices in the short term.

"As of September 12, the domestic product oil price tracking index -3.5, up 1.6 points over the previous period, compared with the previous trading day rose 0.1 points, maintain the rebound trend." Yao Daming said.

Therefore, the possibility of the reduction in the price of refined oil products has gradually dissipated, which has led to the price of gasoline and diesel that fell in the previous period due to the expected reduction in prices and began to enter the recovery stage. “Especially, CNOOC is about to conduct overhaul of the whole plant in October. The market is concerned about the tight supply of follow-up resources in the province, especially the supply of diesel resources,” Yao Daming said. “The recent transaction price of diesel has risen by 20 to 60 yuan per day.”

The gradual increase in wholesale prices not only allowed private and foreign oil stations to reduce the space for price cuts, but also strengthened the determination of PetroChina and Sinopec to maintain the highest retail prices. “Moreover, there are a small number of foreign and private petrol stations, which do not occupy major markets in Guangzhou, and Sinopec and PetroChina have major markets. Therefore, there is no need for the two major oil companies to cut their prices.”

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