Since 1998, the reform of domestic crude oil and refined oil price management system has roughly gone through three stages: first, 1998 crude oil and refined oil prices have initially been in line with the international market; on June 3, 1998, 1998, the former State Planning Commission issued the "Reform Plan for Crude Oil and Refined Oil Prices", which stipulated that domestic crude oil and refined oil prices should be determined with reference to Singapore market oil prices. The third stage is the further improvement of the domestic refined oil price integration mechanism, which began in June, 20065438+0+0/kloc-0. The main content is to change the domestic refined oil price from simply determining the Singapore oil price to adjusting the domestic refined oil price with reference to the oil market prices in Singapore, Rotterdam and new york. Corresponding to the above three stages, China's refined oil prices have experienced several significant fluctuations. 1998 oil price reform plan stipulates that the benchmark price of crude oil shall be determined by the State Planning Commission according to the average price of crude oil in the international market last month and adjusted once a month. Gasoline and diesel are the national guidance prices, while China Petroleum and China Petrochemical Group can fluctuate by 5% on this basis. At that time, under the impact of the Asian financial crisis, the international oil market was depressed, and the price of refined oil did not actually adjust significantly. Until April 1999, international oil prices began to rise, and domestic oil prices often broke through the restrictions, and domestic oil refining enterprises faced difficulties in production and operation. In this round of increase, the reform in June 2000 made the domestic oil price fully in line with the international market, and the price of refined oil began to be adjusted once a month.
From May 2000 to 200 1, 1 1, with the change of oil price in the international market, domestic refined oil prices were adjusted by 17 times. By 200 1, 1 1, the pricing mechanism of refined oil products has changed again, and it is adjusted every month according to the fluctuation of oil prices in the international market. The price of refined oil was lowered twice in 200 1,1and 12. In 2002, domestic refined oil prices experienced several price increases. In 2003, the price of refined oil became a hot spot again, and the voice of "oil shortage" began to appear in some parts of China in the second half of the year. Driven by the international oil price, the domestic market was deserted in the first quarter of 2003, especially after the National Development and Reform Commission raised the retail prices of gasoline and diesel by 190 yuan and 170 yuan on February 0, 2003, the domestic market further warmed up. In March 1, the state withdrew the notice of price increase, and in May 10, the price of refined oil dropped sharply (affected by SARS), but the domestic refined oil market gradually recovered after a short silence. On February 6, 65438, the state finally raised the price of refined oil, released the depressed domestic oil price, and the market price rose with the trend. The price adjustment time lags behind and fails to reflect the market changes in a timely and sensitive manner. At present, the quasi-price of refined oil sales determined by the state can only be adjusted when the weighted average price of the three places in the international market changes beyond a certain range, and each adjustment is at least one month, sometimes several months. In particular, the changes in the international market can not fully reflect the domestic market, so it is difficult to determine the domestic oil price, which not only misleads production, but also affects sales. Mechanical integration distorts the normal market demand. First, the pricing level fluctuates, and it is not uncommon to adjust the price of tons of oil every time in 200 yuan, which leads to the price increase being too high, which can not reach the actual price, and the set price is useless; Either the price reduction is too low to achieve the purpose of promoting production; Either the price adjustment is lagging behind, and the adjusted price has changed with the passage of time, which makes the national guidance price not play a guiding role. Second, the consumption structure, habits and seasonal changes of refined oil products around the world are different from those in China, and the domestic market demand is also different. Setting domestic prices according to international oil prices will inevitably be different from the actual situation in the domestic market. Transparent and lagging pricing mechanism stimulates speculation, interferes with normal operation and market order, alienates government pricing, fails to stabilize the market and brings unequal market opportunities to operators. The adjustment of domestic refined oil prices lags behind the changes in the international market by one month, which reserves a large space for speculation and stimulates speculation such as hoarding. The asymmetry between crude oil price and refined oil price affects the normal arrangement of refined oil production and operation. Crude oil is adjusted monthly 1 day according to the change of international oil price, while the price adjustment of refined oil has a stable range. Therefore, the price of crude oil often rises sharply, the price of refined oil is not mentioned, the price of crude oil decreases, and the purchase price of crude oil and the sales price of refined oil do not match, which is not conducive to the connection between production and sales.