Private gas stations compete for the market with an annual increase of 20000. Petrochemical giants are forced to reduce prices
only one year after the financial crisis, the number of private gas stations wedged into Sinopec territory has increased by 20000. Sinopec's sales share in the traditional sphere of influence has fallen by 10%. On the third day after the national development and Reform Commission announced an increase in the price of refined oil, Sinopec quietly cut prices in Beijing
according to the analysis, Sinopec is likely to launch the first shot in the restructuring of China's refined oil retail market
private oil enterprises
revive and squeeze the share of the two giants
located in the suburb of Guangzhou, Shima gas station should have excellent grounding installation in previous years, which has been at a loss, and this year it has completely turned a loss into a profit. Chen shunsui, President of Guangdong Petroleum Industry Association, said that Guangdong has more than 2400 private gas stations, accounting for 48% of the retail market share
in Liaoning, the two major groups account for less than 15% of the more than 6000 gas stations currently in operation, and 85% of private gas stations actively promote products
in the past two years, due to the rapid rise of international oil prices, the state controlled the price of gasoline and diesel oil in consideration of social affordability, resulting in the wholesale price higher than the retail price. By July 2008, more than 45000 private gas stations had closed down 1/3
Qifang, the president of Hebei petroleum chamber of Commerce, a private owner, said that the main reason why private gas stations closed down in the past was that there was no oil source. Since this year, international oil prices have fallen, domestic demand is weak, and PetroChina and Sinopec no longer control the wholesale volume of private gas stations. At the same time, refineries in Shandong and other places have resumed work, with production capacity increased by 105% over last year. Private gas stations can get oil at a relatively low pricethe data shows that due to the loose oil source this year, the average wholesale and retail price difference remains at about 1000 yuan/ton. As the purchase price of oil sources in private gas stations is relatively low, there is a capital for profit promotion. Liu Qiqiu, general manager of Liaoning Beipiao Petroleum Co., Ltd., said, "the profit per ton is 500 yuan, and there is a profit of more than 400 yuan."
authoritative data show that as of October this year, the number of private service stations in operation has reached 30000 in the area south of the great wall of China dominated by Sinopec, especially the toothed guide wheel and oil. At present, Sinopec's share of refined oil sales has fallen from 60% to 50%
two giants
Sinopec cut prices and PetroChina followed up
on the third day after the national development and Reform Commission announced to raise the price of refined oil, Sinopec quietly cut prices in Beijing. Although Sinopec personnel call this a "point-to-point" regional response, now, Sinopec's sales share of refined oil in this traditional sphere of influence has fallen by 10%
Li Yan, who used to refuel at domed, decided to refuel at Sinopec gas station. In mid November, the gasoline at No. 93 Sinopec gas station near Xisanqi street in Beijing, where she works, increased or decreased by 30 cents
in fact, 27 gas stations of Sinopec Beijing sales company reduced prices on the same day. After the price reduction, the price of No. 93 gasoline in these gas stations is cheaper than that before the national development and Reform Commission raised the price of refined oil on November 10
Sinopec gas stations in Shanghai, Chongqing, Changchun and other places have joined the ranks of price reduction. The gas stations affiliated to PetroChina soon joined the ranks of price reduction
data show that Sinopec's refined oil sales in the first half of the year were 57million tons, a year-on-year decrease of more than 8%, a decrease of nearly 6million tons. Sinopec plans to sell about 130 million tons in the whole year at the beginning of the year, with obvious sales pressure. PetroChina's sales plan of refined oil this year is 85million tons, and the task completed in the first half of the year has not been more than half
an internal report of Sinopec pointed out that after the rapid fall of international oil prices at the end of last year, oil sources became very abundant, while market demand was relatively weak, resulting in the decline of Sinopec's overall control
while the demand decreased, the two oil giants imported a large amount of crude oil at a low price, resulting in a sharp increase in inventory pressure
observe whether the history of "acquisition" will repeat
in fact, Sinopec is still trying to maintain a strong price in the first half of this year. The two groups also held several price promotion meetings this year with the aim of stabilizing prices
however, PetroChina took the lead in reducing prices due to the situation. Immediately, Sinopec reacted. At an internal meeting, Sinopec's sales strategy was adjusted to strengthen direct selling and wholesale and take the opportunity of the national 4trillion investment while consolidating and expanding market share
although life is going well at present, Mao Xu, a businessman from Jinzhou, Liaoning, who has an oil depot and eight gas stations, is still a little worried. He said: "private oil enterprises do not have their own oil sources. Once the oil price continues to rise, it is difficult to survive."
this is exactly what happened in 2008. He predicted that next year, there will be new integration of sales resources of private gas stations, including the two major groups and foreign capital, which will increase the grab for terminal resources
the two major state-owned oil companies have accelerated the pace of acquisition. Previously, Sinopec's approval right to acquire private gas stations was at the headquarters, and has been decentralized to local provincial-level sales companies since October. PetroChina insiders also revealed that PetroChina would purchase social gas stations at all costs
In 2003 and 2004, most private gas stations were either pocketed by the two giants or forced to close. Will history repeat itself this timeChen shunsui, President of Guangdong Petroleum Industry Association, said that the two sides "should grow together in cooperation". Chen shunsui said that there is no need to worry about oil sources in the next eight years. CNOOC and foreign-funded enterprises have new refining and chemical projects put into production in Guangdong, and private gas stations will realize the diversification of oil sources. In the longer term, if private oil enterprises can jointly invest and participate in refineries, oil sources will not be a problem
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