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Development and Reform Commission: The plan has been developed further rise in oil prices
Source:China Fertilizer Net   Time:2011-04-08   Read:961second  

National Development and Reform Commission deputy director of the Penson said that the state of further increases in international oil prices has developed a plan, will not allow domestic prices of international crude oil prices hit new high. "Twelve Five-Year" period, China's refined oil prices to gradually promote market-oriented reforms.
Beginning at 0:00 on the 7th, the national average of 90 # gasoline and 0 # diesel oil increased by 0.37 yuan per liter and 0.34 yuan. Development and Reform Commission said it was "adhering to the premise of integration mechanisms, considering the economic performance and price situation, the appropriate adjustments to domestic oil prices", NDRC deputy director of the Penson yesterday in Tianjin in 2011 to participate in the work of the national economic system reform during, the price of a local supermarket to conduct field investigations, told reporters that the government will not allow domestic prices of international crude oil prices hit new high, has taken a series of response measures, such as international oil prices and further state prices has developed a plan, is studying the establishment of government, businesses, consumers and reasonable sharing mechanism.
Development and Reform Commission, a related person explained to reporters, according to the current refined oil pricing mechanism, when the international oil prices above $ 80 a barrel, the profit margins began to reduced processing until the processing of zero profit calculated according to prices of refined oil. If the international oil prices above $ 130 a barrel, it will take the appropriate fiscal policies to ensure that production and supply of refined oil, gasoline and diesel prices in principle, provide or less mention. This means that if international oil prices continue to rise, reaching a high level, it may keep domestic oil prices will not rise in international oil prices.
Penson in 2011, while meeting national economic reform, "said second Five-Year" period, oil prices to gradually promote market-oriented reforms:
Penson: In 2009, we successfully implemented the refined oil prices and fuel tax reform, from the situation two years running, the effect is good, but also accumulated experience for further deepening the reform. "Twelve Five-Year" period, to further improve the refined oil pricing mechanism.
Step by step "refined oil prices market-oriented reforms," ​​What exactly is the concept? National Energy Research Institute, said Zhou Dadi, researcher, and now we are the control of prices, even though the law want to respond to market changes, but still way through the administrative approval of pricing and price changes. Many countries in the world oil prices, largely taken from the oil production side, according to market conditions and changes in the cost of adjusting their prices in a timely manner, by their own pricing, which means that gas prices may be always changes every day. Ways and means of this comparison we are now able to more flexible to reflect market supply and demand conditions, and therefore our price reform.
Zhou Dadi: The real market do not have to publish, in the petroleum, petrochemical and myself at the gas station changed, the tune to tune the price lists, pricing mechanism and extent of the state may have certain requirements, you can not random pricing, raising prices.
China University of Petroleum Oil and Gas Industry Development Research Center, Dong Xiucheng is that the prices of refined oil market reform means adjusting period may be shortened, the frequency will increase:
Dong Xiucheng: price adjustment period may be shortened, the frequency increase, to curb market speculation. Oil prices by the market price, certainly in a volatile state. For example, sometimes tense relations between market supply and demand, or loose, loose into the prices, tight when up.
However, Zhou Dadi, explained that prices of refined oil market reform does not mean not to intervene in the national total.
Zhou Dadi: many countries adopt market-oriented pricing even in the case, it can still have some capacity to intervene, so the market price does not mean that countries are fully hands-off.
The most important point, oil prices market-oriented reforms, for consumers, oil prices will be cheaper or more expensive?
Zhou Dadi: not the price itself, the question now is to look at the international crude oil prices, if the international crude oil prices have been going up, that want cheap prices difficult to achieve. If the rise in international crude oil prices is not always so flexible pricing mechanism, we may feel that the frequency of lower prices a little more. (Ya-Feng, ZHOU Jin Zhu)

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