Since early this year , the relevant state policies were introduced, oil quality upgrade . In a series of policy-driven , each upgrade refining companies have raised the banner of revamping , technology updates ...... all the preparations in full swing , oil quality upgrade curtain slowly opened .
Currently crude oil market supply and demand side , the policy side , mostly bad , short-term market remained bearish on oil prices is expected , he expects oil prices this week, the larger the probability of weak shocks , the domestic refined oil prices are expected to usher in next Thursday lowered its seventh year .
Oil quality upgrade will bring what ? In addition to protecting the ecological environment, its refining business challenges as well as the ripple effect on other sectors can not be ignored . In the context of the overall transformation of the mode of production , as the basic production materials, oil upgrading and what it means ?

At the same time , with the end of the country to upgrade the country four gasoline quality " Doomsday" is approaching , PetroChina , Sinopec to accelerate the pace of upgrading in a number of provinces and cities , take this round of oil price fell to upgrade the quality of the price of fuel hedging to reduce prices due to upgrade market encountered resistance.

According Kero throttle body is understood, Jiangsu, Zhejiang region have been completed to upgrade the quality of gasoline replacement . Petrol, Shanghai and Jiangsu have reached the fifth stage of oil quality standards, Zhejiang region to achieve the national IV standard .

Upgrade to remove oil replacement parts sporadic persecutions raised gasoline prices , the continued weakness in gasoline sales in most areas , prices show downward , in which the oil provinces and cities outside the region have dropped the price of gasoline for more than 75 yuan per ton , which is conducive to the oil sales company pulled up profits and increase its sales initiative and flexibility in setting prices .

Although oil prices down is expected to increase , but the domestic diesel prices remain contrarian higher.

According to Cho Chong on more than 20 domestic provinces and cities , " two barrels of oil ," the sales price of the company's statistics show that as of November 7 , 0 # diesel wholesale price of 8049 yuan / ton , compared with November 1st price rose 24 yuan / ton.

Faced with the pressure of huge investment , small and medium sized refinery exit or restructuring may face the choice of refining pattern or will re-shuffle . "Some small refineries to take a more wait and see attitude , or to other areas of transformation ." Zhuo record information analyst Zhang Bin told reporters .

However, the upgrade also makes oil refining enterprises stronger to win market opportunities. " Oil Upgrading a big impact on small businesses , but large-scale petrochemical enterprises is an important opportunity to consolidate its market position . Shandong HSBC refining and petrochemical many large enterprises have already started building the country Ⅴ oil production plant ." Young civilization said.

Rising costs is an unavoidable problem . Although the State Council promulgated the oil quality upgrade pricing policy, but because of the refinery raw materials, production processes, equipment , etc. are not the same basis , the cost of upgrading the oil also vary , not all businesses to invest in cost increases can be covered . This overall profit status refining industry, is undoubtedly a severe test.

According to the throttle body Kero noted , in response to cost pressures , some companies have been exploring ways to internal potential synergies , oil upgrading has become some companies manage to upgrade Forced momentum. Has begun production of the country Ⅳ gasoline Jinxi Petrochemical , weekly coordination meeting was held optimization of product structure , optimize product structure and technical and economic indicators, reducing their own use and loss rates , optimize the structure of crude oil and reduce procurement costs , trying to achieve the maximum benefit by careful management technology .