Source: Photo.com
On April 16, the National Development and Reform Commission announced that from 24 o'clock on April 16, 2024, domestic gasoline prices will be raised by 200 yuan/ton, and diesel prices will be raised by 195 yuan/ton.
After conversion, No. 92 gasoline and No. 0 diesel were both increased by 0.16 yuan, and No. 95 gasoline was increased by 0.17 yuan. For a small private car with a fuel tank capacity of 50 liters, it will cost about 8 yuan more to fill up a tank of gasoline, and for a large logistics vehicle with a full load of 50 tons, the fuel cost will increase by about 6.4 yuan per 100 kilometers on average.
Ma Jiancai, an analyst at Jinlianchuang, said that after the price adjustment, the domestic No. 92 gasoline has fully entered the "8 yuan era" and hit a new high in the year.
According to reports, this round is the eighth price adjustment of refined oil this year and the fifth increase this year. In addition, according to the principle of "ten working days", the next round of retail price adjustment window for refined oil products will open at 24 o'clock on April 29, 2024.
Analysis of apparent gasoline consumption in China
In recent years, new energy sources such as new energy vehicles, natural gas, and ethanol gasoline have developed rapidly, and the substitution rate of traditional gasoline has continued to advance, resulting in a continuous downward trend in the apparent consumption of gasoline in mainland China. According to data from the China Petroleum and Chemical Industry Federation, China's apparent gasoline consumption in 2021 was 140.3752 million tons, a year-on-year increase of 20.75%. In the first three quarters of 2022, China's apparent gasoline consumption reached 101.3332 million tons, a year-on-year decrease of 0.49%.
There is a lot of room for the development of non-oil products in China's gas stations
From the perspective of the current situation of China's gas station operation, China's gas station operation has two characteristics: higher profits and large space for the development of non-oil business. From the perspective of profits, the gross profit margins of China's representative enterprises, such as CNOOC, PetroChina, Sinopec and other gas stations, have remained at a high level, while the gross profit margins of small oil companies have also remained roughly at a high level of about 10%. From the perspective of the development space of non-oil business, the profit of China's non-oil business accounts for a small proportion of the total sales profit, and there is a large room for development.
China's gas stations will develop towards diversification
Combined with the development status of China's gas station market, China's gas stations are mainly developing in the direction of diversified operation, two-level differentiation of scale, network management and remote centralized management. Among them, a variety of operations are mainly reflected in the fact that in addition to the traditional sales of refined oil, gas stations must find new profit growth points and carry out diversified services; The scale polarization is reflected in the development of gas stations in urban areas in the direction of small, one machine and multiple equipment, while highway gas stations will gradually develop into large-scale service communities; With the continuous improvement of the Internet, remote centralized management of gas stations will replace the current background management system of gas stations, so as to realize the inventory, distribution and transportation optimization of oil products.
A number of industry experts in Jinan on the transformation and upgrading of oil terminals discussed that with the acceleration of the marketization process of the domestic oil industry, private gas stations are facing many challenges, and need to innovate and break through, transform and upgrade from brand building and sales models.
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