The hottest petrochemical giants fought price wars

2022-08-23
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Petrochemical giants fight price wars in many places, and the reduction of oil prices is expected to lead to a low turnover.

petrochemical giants fight price wars in many places, and the reduction of oil prices is expected to lead to a low turnover.

China Construction machinery information

Guide: affected by the recent decline in the quality of products due to the international crude oil prices, the change rate of crude oil in the three domestic places has continued to decline in the recent period. Analysts generally expect that the crude oil change rate of the three places will break through -4% again as soon as the end of May, and the window of refined oil reduction may open in early June. The domestic market is increasingly bearish on oil prices, but the market demand has not

affected by the recent decline in international crude oil prices, the change rate of crude oil in the three domestic places has continued to decline recently. Analysts generally expect that the crude oil change rate of the three places will break through -4% again as soon as the end of May, and the window of refined oil reduction may open in early June. The domestic market is increasingly bearish on oil prices, but market demand has not improved significantly. The two petrochemical companies have launched a price war of "close combat" in Fujian, Hainan, Shanxi and other places to strive for limited market sales share

since the price reduction on May 10, the downturn in the wholesale of refined oil products of petrochemical companies has not changed, the oil market has continued to decline, and the wholesale shipments of refined oil products of the two giants have continued to be light. In the middle of May, the pressure on the monthly sales task of petrochemical companies around the two giants has become prominent again. In view of the fact that most of the sales targets of the companies in the previous trading cycle have not been completed, the current rush pressure is still heavy, and the price may make concessions again

recently, the petrochemical companies have launched a "close fight" price war in Fujian, Hainan, Shanxi and other places. According to an Xunsi Xiwang energy analyst, Sinopec Fujian provincial company will reduce the wholesale price of gasoline and diesel by 40-50 yuan from Tuesday. This broke the previous situation that the transaction prices of the two major companies were basically flat at 8550 yuan/ton in the local market. The price war between the two companies in Hainan 2 The sampling method for mechanical properties of welded joints gb/t 2649 ⑴ 989 is also carried out in wholesale and retail. PetroChina's retail discount range is obvious, and the discount for logistics vehicles is increased, with diesel up to 0.25 yuan/liter, and small amount distribution increased. Sinopec also correspondingly increases the discount for core customers, with retail discount of 0.1~0.2 yuan/liter

Wang Jintao, an analyst at Zhongyu information, said that the largest 3D print was recorded by the Guinness Book of records - ABS and carbon fiber composites. It can be predicted that if the change rate of the three places exceeded -4% in the first week of June, but did not meet the conditions of 22 working days, the market will fall into a comprehensive wait-and-see situation, waiting for the price adjustment to be implemented, and the gasoline and diesel market may experience an extremely weak week in early June

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