Petrochemical Heroes Stops Promotion of Price of Refined Oil
According to the "Beijing Morning Post" report, in the past weekend, a number of gas stations in Beijing in the Sinopec and PetroChina gas station led to the cancellation of price promotions, or reduce the margin of preference.
Sinopec and PetroChina, the petrochemical companies, have already adjusted the price of gasoline at No. 93 for most gas stations to 6.66 yuan per liter, which is 5 cents more than the previous 6.16 yuan per liter. As a result, the previous preferential price was a promotional activity for gas stations, so there was no forecast for this price adjustment.
It has been learned that the Caoqiao Sinopec gas station in Beijing’s Fengtai District, which earlier proposed price cuts, also raised its price by 5 pts/liter over the weekend. In addition, petrol stations of Sinopec and PetroChina in Chaoyang District, Haidian District, and Daxing District were also transferred back to their original prices. An industry price war triggered by "petroleum dubbing" came to an end.
Contrary to the price correction of “petrochemicalâ€, some foreign and private gas stations hope to use price advantage to attract customers. An 18-point Shell gas station staff said that the store’s oil price rose by 1 cent at the weekend to 6.4 yuan per liter. A staff member at a private station in the North Third Ring Road said that their price is still 6.2 yuan/liter.
On March 21, the owner of the private gas station at Dahongmen Coral Road told reporters that he still insisted on adopting the promotional price, and he would not adjust it in the short term due to the promotion of promotional advertisements. He also stated that the promotion was conducted in conjunction with the wholesaler and the settlement was settled at the end of the month, so the price change needs to be decided by both parties. If you do not continue to promote, it will be announced in advance.
According to media analysis, the international oil price has soared today, and the domestic wholesale price of refined oil has subsequently exceeded the 7,000 yuan mark. The recent price war for gas stations will be difficult to start.
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