Yao Daming, minister of the oil and gas division of the Guangdong Oil and Gas Merchants Association, did not fully agree with the above statement when interviewed by this reporter. He said that the two major oil groups in China are planning to gradually give up the production of No. 90 gasoline. Since last year, the supply of No. 90 gasoline has been significantly reduced. It is not that the market has “discarded†No. 90 gasoline. However, Sinopec officials told reporters that the withdrawal of gasoline from the market is a general trend. It is normal to reduce production.
High-grade gasoline demand rises
According to a market survey conducted by Maoming Petrochemical, one of the three largest refineries in Guangdong, Guangdong Province, 100 households in urban areas own 9.3 units of household cars, an increase of 35% over the same period of the previous year, and the per capita fuel expenditure increased by 40% year-on-year; 100 households in the Pearl River Delta region Town families own about 20 cars. The popularity of family cars has made the market more and more demanding for gasoline above No.93. In addition, the stricter requirements for automobile exhaust emissions and the implementation of relevant inspection regulations in recent years have greatly stimulated the demand for environmentally-friendly high-grade gasoline. Moreover, the survey also found that the higher the vehicle, the higher the demand for fuel quality.
It is worth noting that there is no "upside down" phenomenon in the price of gasoline No. 90. The oil experts of the Guangdong Oil and Gas Merchants Association stated that even at the current high international oil prices, No. 90 gasoline has made money in domestic sales. In this case, it still reduces supply. It can be seen that the two major groups are indeed on the production of No. 90 gasoline. Controlled.
Consumers say 90th gasoline is more affordable
In fact, the two major oil giants in China have been promoting the "movement" of eliminating low-grade gasoline in recent years. According to a survey conducted by the reporter on gas stations in Guangzhou City in the past year, including major petrol stations in the urban areas of Sinopec, PetroChina, and PetroChina BP, No. 90 gasoline has been supplied to the market relatively insignificantly. The three major companies also said that the overall supply of gasoline is guaranteed, but the supply of low-grade gasoline is not stable. For example, the reporter learned yesterday at a foreign oil station on Guangzhou Avenue that the gas station had previously supplied 90 petrol, but it has significantly reduced its supply since the second half of last year.
As for the consumer side, it does not fully agree with the oil giant's argument. The reporter interviewed some car owners to learn that, under normal circumstances, there are 90 gasoline or 90 gasoline, unless it is some high-end cars, ordinary household car owners still feel that 90 gasoline is "more affordable."
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