slowing domestic inflation situation

Oil prices down at the weekend as sure On May 10 this year after domestic fuel prices down for the first time during the year, crude oil prices in the international market shocks all the way down, the domestic refined oil price slashed again in early June as sure. Price adjustment window will open the data shows this weekend, as of June 5, the three (Dubai, Brent, Cinta) crude oil average price rate of change for the negative 8. 3%. RootAccording to the current price of oil management methods, when 22 consecutive days of crude oil in the international market when the moving average price changes over 4% can be adjusted domestic oil product prices. On May 10 in China cut fuel prices on June 8 will be the price of the 22nd day after. Released from the pricing rules, has to meet the reduction requirements. Since the end of April, the international oil priceFalling, United States Texas light crude oil (WTI) fell more than 19%, United Kingdom North Sea Brent (Brent) crude oil futures fell more than 17%. Creating information products market analysts said Chen Qing, slowing demand reductions as a result of expected growth in the global economy, market concerns about European debt crisis, dollar higher passive and geo-political factors in the Middle EastBusiness as usual are the main causes of international crude-oil futures fell all the way. In addition, the United States has set a record high crude oil inventories as well as poor economic data, including the unemployment rate down international oil prices important factors for some time. Zhongguoshiyoudaxue (Beijing) Guo Haitao, Vice President College of Business Administration said, smaller probability of a sharp rise in international oil prices in the short term, butA sharp fall in limited space. Coming 3-4 months, taking measures to promote the economic growth in China and the United States for further economic improvement diablo iii power leveling, may appear in international crude oil prices rebounded slightly. How big is the price range according to several market forecast, the oil price reduction may be larger, or will reach more than $ 600 per ton. But GuoTao said that, in view of the Government's regulation of domestic fuel prices higher, while the International crude oil prices recently have a callback, the oil price reduction may not expect so much. In accordance with the existing domestic oil price formation mechanisms, domestic fuel prices implemented and controlled indirectly in crude oil prices in the international market standards. Responsible person of the State development and Reform CommissionSince 2009, volatility in oil prices in the international market, appropriate regulation by the State on fuel prices, domestic oil price gain is lower than the actual mechanism of calculation of gain. Galaxy securities chief analyst of the Research Department of petroleum chemical industry Qiu Xiaofeng recommendations, to seize the opportunity of falling international oil prices, gradually narrowing the domestic oil price hike is not in place due to the domesticOil price and the gap between the affiliated international oil prices, create conditions for promulgation of the refined oil pricing mechanism. New pricing mechanism when the key as international oil prices to fall sharply, market participants generally agreed that the refined oil pricing mechanism introduced in Windows is coming. Guo Haitao said, introduced a new refined oil pricing mechanism diablo iii power level, the timing is very important. New system launchIf after international oil prices into the long-term downward trend is best. Current international crude oil prices, slowing domestic inflation situation, might be to improve the existing mechanisms more appropriate time. Deputy Director of the national development and Reform Commission Peng Sen previously has said, to more or less launched this year oil price reform, reduced price cycles, improved pricing practices, improve the mechanismTransparency in the running. Qiu Xiaofeng said that small step slow, adjustments in a timely manner, and people feel in tune, after is the perfect features of refined oil pricing mechanism. Guo Haitao said international oil price movements, after all, it is difficult to accurately predict. After the new mechanisms introduced, refined oil prices more closely in line with the International crude oil prices. If international oil prices rising dramatically or frequently, how toAvoiding large swings in the frequent domestic fuel prices on the domestic economic impact are issues that you must consider. He suggested that, after perfect control mechanism could be considered to continue to take band, when international oil prices rose above a certain range, government intervention necessary.