Enterprise News
Oil costs opaque,China refined oil price has been questioned---2009-07-04
The new refined oil pricing mechanism reform program has been implemented, but the cost of domestic oil companies still lack transparency, making the domestic market price is higher than the international level has become the norm.
According to Xinhua News Agency, from June 1 to 30, the international crude prices rose to 68.06 U.S. dollars a barrel from 69.89 U.S. dollars, up 2.7%; In the meantime, Beijing, gasoline prices per liter from 5.89 yuan to 6.37 yuan on, or 8.1 %. The retail prices of petrol and the United States, China's gasoline prices higher than about 1.8 yuan. Some consumers are confused: the domestic refined oil prices even higher than in the United States is reasonable? Price formation mechanism that is still "invisible hand" to play a role in it?
"Compared to China's economic strength and level of consumption, China's refined oil prices has been high." China's energy network, said Chief Information Officer HAN Xiao-ping. He pointed out that under the current oil price of 6.37 yuan per liter, excluding the government tax the oil companies really get the sales revenue of about 4.08 yuan. New Jersey in the United States as an example, after conversion of about 4.56 yuan per liter in oil prices, excluding oil revenue received after 3.64 yuan; the United Kingdom at 12.2 yuan in oil prices, excluding oil companies get tax 3.294 yuan; Japan's domestic oil prices at 7.5 yuan, the actual after-tax oil companies to get 3.4 yuan.
Excluding taxes and fees from oil products after the "naked price" can be seen, China's refined oil price is indeed higher than the U.S.. In addition, oil companies get from the sales point of view, China's oil companies get the most money, or even higher than the average level of developed countries.
State Council Development Research Center of Market Economy Institute of Yu Deng said that the U.S. government in oil rather than pricing, but pricing enterprises. China's refined oil market is not strong, so it can not be completely through the market-oriented approach to pricing. In short, China's refined oil pricing mechanism can not solve all the problems.
On the authority of refined oil price survey shows that 93% of the respondents indicated that twice a month increase on refined oil prices was "not suited." Experts explained that this "not suited" In addition to the emergence of a sense of continuous pressure on consumer prices brought about by more information asymmetry is a result of consumer anxiety.
May 8 by the "management of oil prices (for trial implementation)", "ex-factory price of domestic refined oil price of crude oil in the international market, based on the average increase in domestic processing costs, taxes and appropriate to determine the profit." Today, refined oil price formation is based on international crude oil prices should be the number of benchmarks? "This is no one to tell you." HAN Xiao-ping said that the June 20, 2008 international crude oil prices at 130 U.S. dollars for the corresponding domestic price is 6.20 yuan per liter; to December 19, 2008 in international oil prices to 40 dollars China's refined oil prices will be reduced to 5.44 yuan per liter. Meanwhile, international oil prices fell 2.75 per million, lower domestic oil prices is only 0.76 yuan, 0.8 yuan even if the fuel tax to the oil companies are still set aside more than 1 yuan of profit margins. "This is also one of the reasons for rising oil prices, that is, when pricing was set aside profits to the oil companies too much space." HAN Xiao-ping said.
University of Foreign Trade and Economic Research Center of Energy Economics, said Wang Wei-han, the new refined oil pricing mechanism reform program is implemented, the cost of domestic oil companies still lack transparency, making the domestic market price is higher than the international level has become the norm.
According to Xinhua News Agency, from June 1 to 30, the international crude prices rose to 68.06 U.S. dollars a barrel from 69.89 U.S. dollars, up 2.7%; In the meantime, Beijing, gasoline prices per liter from 5.89 yuan to 6.37 yuan on, or 8.1 %. The retail prices of petrol and the United States, China's gasoline prices higher than about 1.8 yuan. Some consumers are confused: the domestic refined oil prices even higher than in the United States is reasonable? Price formation mechanism that is still "invisible hand" to play a role in it?
"Compared to China's economic strength and level of consumption, China's refined oil prices has been high." China's energy network, said Chief Information Officer HAN Xiao-ping. He pointed out that under the current oil price of 6.37 yuan per liter, excluding the government tax the oil companies really get the sales revenue of about 4.08 yuan. New Jersey in the United States as an example, after conversion of about 4.56 yuan per liter in oil prices, excluding oil revenue received after 3.64 yuan; the United Kingdom at 12.2 yuan in oil prices, excluding oil companies get tax 3.294 yuan; Japan's domestic oil prices at 7.5 yuan, the actual after-tax oil companies to get 3.4 yuan.
Excluding taxes and fees from oil products after the "naked price" can be seen, China's refined oil price is indeed higher than the U.S.. In addition, oil companies get from the sales point of view, China's oil companies get the most money, or even higher than the average level of developed countries.
State Council Development Research Center of Market Economy Institute of Yu Deng said that the U.S. government in oil rather than pricing, but pricing enterprises. China's refined oil market is not strong, so it can not be completely through the market-oriented approach to pricing. In short, China's refined oil pricing mechanism can not solve all the problems.
On the authority of refined oil price survey shows that 93% of the respondents indicated that twice a month increase on refined oil prices was "not suited." Experts explained that this "not suited" In addition to the emergence of a sense of continuous pressure on consumer prices brought about by more information asymmetry is a result of consumer anxiety.
May 8 by the "management of oil prices (for trial implementation)", "ex-factory price of domestic refined oil price of crude oil in the international market, based on the average increase in domestic processing costs, taxes and appropriate to determine the profit." Today, refined oil price formation is based on international crude oil prices should be the number of benchmarks? "This is no one to tell you." HAN Xiao-ping said that the June 20, 2008 international crude oil prices at 130 U.S. dollars for the corresponding domestic price is 6.20 yuan per liter; to December 19, 2008 in international oil prices to 40 dollars China's refined oil prices will be reduced to 5.44 yuan per liter. Meanwhile, international oil prices fell 2.75 per million, lower domestic oil prices is only 0.76 yuan, 0.8 yuan even if the fuel tax to the oil companies are still set aside more than 1 yuan of profit margins. "This is also one of the reasons for rising oil prices, that is, when pricing was set aside profits to the oil companies too much space." HAN Xiao-ping said.
University of Foreign Trade and Economic Research Center of Energy Economics, said Wang Wei-han, the new refined oil pricing mechanism reform program is implemented, the cost of domestic oil companies still lack transparency, making the domestic market price is higher than the international level has become the norm.
