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47602 2010 年 06 月 25 日 11:18 Reading (loading. ..) Comments (1) Category: Miscellaneous world Kan
appreciation of the renminbi or contributed to the drop in oil prices products
have institutions predict that the appreciation of 0.1 yuan per domestic gasoline and diesel prices will fall 77 yuan per ton
Eugene
restart exchange reform, the RMB appreciation is considered a great probability, will the domestic oil price changes in international crude oil prices
have institutions predict that if the 3% appreciation of the renminbi during the year, savings of at least 18.7 billion of oil imports capital.
pricing formula or with exchange rate factors
2009,
tods online shop, China's crude oil imports 200 million tons the first break. Moreover, China's foreign oil dependency rate is also the year exceeded 50%. The future,
tods sale, as the domestic economy to improve,
tods online shop, the number of imported crude oil will also increase, apparently out of domestic enterprises have more foreign exchange for the purchase of crude oil products.
present, including Zhenhai, Maoming, Takahashi Petrochemical, Sinopec Qingdao Refining and Chemical Group, and many refineries are buying crude oil from overseas reprocessing. Sinopec purchases of crude oil purchases accounted for more than 50%.
in the statistics of the oil group to 2009, WTI, Brent crude oil average price of 62 dollars / barrel basis, then when the amount of money in China to buy oil or 623 billion yuan.
China Merchants Securities, predicted that the appreciation of Renminbi, or 3% during the year. If this prediction by calculating the amount of imports last year,
tods shoes, savings of 18.7 billion yuan in China's crude oil purchase funds.
Therefore, if the RMB appears in 22 working days of the appreciation of the more obvious, while crude oil prices in 22 working days and was stable,
tods online, the domestic price is also usher in the window?
need to wrestle with the speculative money
In fact, oil prices will encounter multiple resistance.
Lin Boqiang that exchange reform,
tod shoes, the currency once the appreciation of the domestic crude oil will definitely buy more. For the commodity seller, it also took the opportunity to continue to raise prices.
a domestic fund researcher to note changes in the exchange following the announcement of the next day, international commodity prices on the entire line. At that time the London Metal Exchange copper, aluminum and zinc prices were rising by 2% to 4%, crude oil prices also rose by nearly 2%. It appears that the futures price gains may be ahead of the RMB appreciation.
Lin Boqiang said:
Another disadvantage is that increased Chinese demand is likely to attract more capital to participate in international crude oil price speculation. This will further push up the cost of oil imports.
However, it really can bring the reform on RMB appreciation, the market also have different voices.
statements, the yuan depreciated against the U.S. dollar is the rise is unclear said.
exchange reform in the central bank announced after the restart, the RMB against the U.S. dollar experienced a flat Monday, Tuesday and Wednesday a significant uplift of the down, the early two-way fluctuations in momentum. One day on Tuesday, the first central parity of RMB against the U.S. dollar breaking 6.8 mark, yesterday rose to 6.8102 from 6.8100 on Wednesday.