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"China strategic petroleum reserve speed" - Lenovo to increase strategic metal reserves the right time
Update Time : 2015-01-08 View : 4787
"Low oil prices, China's strategic oil reserves speed" - think of the timing of strategic metals reserve, a strategic metal "Indium" for example, indium rare, important purpose, and at the low price, is the right time to invest reserves.
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Then a number of oil tankers are frequently approached a group of Chinese ports.
The latest statistics from the General Administration of Customs recently released data show that China September crude oil imports from Russia greatly increased 56.79 percent over last year, reaching 2.841 million tons, while the total crude oil imports from Colombia is soaring 389.6 percent over the same period.
It is noteworthy that, at present, the international price of oil has dropped to near the lowest level in recent years, in this context, as the world's largest oil consumer, China also took the opportunity to increase imports of crude oil. (Editor's Note: China is second only to the United States should be the world's second largest oil consumer.)
Bloomberg quoted the data an organization that only in at 10:00 on October 18, the Articles of sea routes, there were already 80 VLCCs toward China, and in the past two years, the average daily oil transportation to China the number of oil tankers is only 63.
The industry accepted 21st Century Business Herald reporter said that international oil prices continued lower, for dependence on foreign oil has reached 58% of China is undoubtedly good opportunity, China's crude oil imports from overseas also frequently or for domestic oil strategic reserve expansion.
"(International) oil prices conducive to China's strategic oil reserve, at this stage of China's strategic oil reserves of about 70 days, 90 days away from the reserve target is still some distance." Director of the Center for Energy Economics Research at Xiamen University Lin Bo said.
Imports increasing for three consecutive months
Since June 20 this year, international oil prices began to decline, China's oil imports also went from July began to rise into the channel.
21st Century Business Herald consult the Customs Department released the fourth consecutive month crude oil import statistics found that in June of this year, China's total imports of crude oil to 23,279,300 tons, with an average unit price of $ 777.63 / ton, this data than May MoM reduction of 10.7%. The July to September, China's crude oil imports are changed to reduce the potential, sustained expansion.
Data from the General Administration of Customs released by the July crude oil imports was 23.75 million tons, with an average unit price of $ 786.53 / ton, compared to June, an increase of the month is not obvious, increased by only 2%. But into August, when international oil prices experienced a continuous decline in two months, the month China's crude oil imports also fell swoop rushed to 25.19 million tons, an increase of 6.1%. And in September, the data is still expanding, statistics from the General Administration of Customs noted that the month of China's crude oil imports jumped to the 27,577,100 tons, an increase of 9.5%, and the average price of oil dropped to the $ 743.75 / ton.
It is worth noting that, compared to 2013, China's crude oil imports over the same period, in addition to a decrease year on year in July, August, September, all the increase in June, three months are, respectively, an increase of 5%, 17.5%, 7.4%.
Economic and Technical Research Institute of Petroleum in an expert said that according to the previous budget, domestic oil consumption in 2014 will be an increase in demand, and in the international oil market's decline continued stimulation, China's oil imports increased in line with market rules.
"For China's oil consumption is such a big country, this time a good opportunity to buy some cheap oil is golden, but the price can also save a lot of dollars." Economic Research Institute of skilled workers in the oil above said.
Meanwhile, Lin Bo also pointed out that if China's crude oil imports by 2013 to calculate the price of oil fell $ 1 each, China will be able to do this to save the cost of up to $ 2.1 billion, but since June, the international crude oil prices in the four fell 25 percent in the month, "a rough estimate, in 2014 China imported oil import cost savings of $ 25 billion."
In fact, a set of data from the National Bureau of Statistics is another example of China's crude oil imports have reflected continued to the second-highs.
National Bureau of Statistics data show that in September this year, China's apparent oil demand was 42.34 million tons (an average of 1035 barrels per day), up 7.4 percent over last year, the refinery's crude oil processing volume surged 9.1% year on year to 42.02 million tonnes with an average of up to 1027 barrels per day, which is this year's third Chinese refinery processing capacity over 1000 barrels / day.
It is worth noting that, for the average car is not imported gasoline China, in September, China has imported about 33,000 tons of motor gasoline from South Korea, which is also the first to import large quantities of gasoline since the end of 2011.
"This is rather unusual, since China's ample supply of gasoline, and China are important for the entire Asia net exporter of gasoline imports is unlikely to be a long-term trend, it may simply reflect the state trading enterprises to use the spot market. "Platts senior writer Song Yanling, said the Chinese market.
Strategic Petroleum Reserve speed
Over the years, based on national energy security, China's strategic oil reserve stock is always the core secrets, the relevant data is never made public, but in the industry view, the various data from the market, in recent years, China has accelerated the Strategic Petroleum Reserve The signal is already increasingly evident.
21st Century Business Herald reporter learned that, as early as 2003, China began preparations for the oil reserve base, planning to use 15 years, completed in three phases depots and other hardware facilities, is expected in 2015 to form the equivalent of 90 days of net oil imports strategic oil reserve capacity.
It is worth noting that in January this year, the National Energy Board held a working meeting national oil reserve base, the meeting noted that the national strategic petroleum reserve, a project had been completed and put into operation, the second phase of the project is still in an orderly way, while three project has also begun preliminary site selection, as of the end of 2013, one of the four bases of all full reserves of crude oil.
Although rarely released official details and progress of the construction stages of oil reserves, but as time draws near, the market is also widely expected third-phase project will soon be completed, with the help of international oil prices and crude oil imports are concentrated mostly oil reserves project "hoarding."
Data from the universal energy consultancy also show that since April this year, China's crude oil imports soared, while crude oil processing capacity compared to the previous months did not change significantly, so the judge has to import large quantities of crude oil into the strategic reserve project.
In February, the National Energy Board confirmed without news, Tianjin, one of the strategic reserve depots have been made due to oiling, the reserve depot in November 2013 formally put into use, the capacity is 3.2 million cubic meters, in addition, also contains 200 ten thousand cubic meters of refined oil commercial reserves of libraries.
From the National Development and Reform Commission previously announced plan also shows that in 2020, three strategic oil reserve base hardware facilities will be completed, a total storage capacity of 7,000 Articles. Acciona thinking consultancy ICIS analysis report also pointed out that the next few years, "China's crude oil imports may still be the main driver of growth in the long term from the point of view of com

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