The cost of materials for toy manufacturers plunged 12%
Oil prices are down for the tenth time this year. The price of gasoline and diesel was reduced by 125 yuan per ton, and the retail price of gasoline no. 90 and diesel no.0 (the national average) were ...
Oil prices are down for the tenth time this year. The price of gasoline and diesel was reduced by 125 yuan per ton, and the retail price of gasoline no. 90 and diesel no.0 (the national average) were reduced by 0.09 yuan and 0.11 yuan per liter respectively. After the price adjustment, the gas of no.92 in guangzhou market is reduced by 0.1 yuan per liter, each tank of oil can save 4 yuan, each month can save about 15 yuan. This is the tenth time that the oil price has been lowered in this year. From the beginning of the year to this price adjustment, the oil price has dropped by 0.34 yuan/litre, saving the car owners a lot of money. During the adjustment period of A shares, oil and gas related sectors reacted negatively to another decline in oil price. Sinopec and petrochina share prices were all down, while small and medium sized oil and gas stocks fell sharply. However, after the continuous decline of domestic oil price, there has been a sustained cost reduction impetus for logistics, aviation, automobile, chemical fiber textile and other sectors, which is conducive to the improvement of performance and stock price. Meanwhile, it is conducive to the in-depth implementation of "oil and gas market reform", which still has more advantages than disadvantages for most oil and gas companies. Oil price forecast: Lower or lower Industry insiders pointed out that in the context of the global oil glut that has not been alleviated, the high crude oil inventories in the United States, the strengthening dollar index and the Chinese economy, and other factors in this price adjustment cycle, international oil prices continue to fluctuate downward, and the rebound will not stop the downward trend of oil prices. In this cycle, the average price of WTI futures is down $1.80 per barrel or -3.83% from the previous cycle, while the average price of brent futures is down $1.69 per barrel or -3.37% from the previous cycle. The next round of oil price adjustment will start at 24 o 'clock on November 17. Many institutions forecast that the current international crude oil supply glut will continue to increase the price downward concern, and the next round of oil product price may continue to be slightly reduced. After this price adjustment is completed, this year's price adjustment will form the pattern of "seven up ten down four stranded". Calculation: the cumulative decline of gasoline is 0.34 yuan per liter During the year, a total of 440 yuan/t was lowered after the rise and fall of gasoline, 0.34 yuan/l for 992 gasoline, and 495 yuan/t for diesel, 0.42 yuan/l for 0 diesel. Private car: save fuel cost 54.4 yuan compared to the beginning of the year Take the car that runs 2000 kilometers per month and consumes 8 liters of fuel for 100 kilometers as an example. In the year of 1992, gasoline consumption was reduced by 0.34 yuan/liter, and the cost of private cars will be reduced by 54.4 yuan compared with that of the month of the first year. Logistics transport: compared to the beginning of the year fuel cost 1680 yuan In terms of logistics and transportation, take the truck with a load of 50 tons as an example. The truck with a load of 100 km will consume about 40L and 10,000 km per month. The truck will consume about 1,680 yuan less fuel than the truck at the beginning of the year. Related industries: raw material costs fall "From September to November, it's traditionally peak season for the plastics and chemical industries, but this year the situation is greatly discounted," said luo, head of a PP chemical company in shunde, guangdong province. The collapse of international oil prices has caused a 'domino' phenomenon, with upstream manufacturers selling off heavily, and middle and upstream manufacturers afraid to stock up easily, while downstream demand is already stagnant, and the rise of the construction rate in the peak season has encountered the adverse situation of oversupply, and even the whole industrial chain has seen a situation of insufficient trade. As a result of plastic depreciate price, toy, household articles for use industry was affected however positive promotion. In the third quarter, the purchase cost of raw materials of plastics, plastics and rubber decreased by 2.1%, 4.2% and 4.0% year on year, respectively. In summary, compared with the first quarter of 2014, the decrease rate of production material cost of enterprises was more than 12%. In addition, as crude oil and related products are also important raw materials for chemical fiber clothing, the production cost of the clothing industry has also decreased, especially for the medium and low grade clothing enterprises with large output and labor intensive, which has reduced certain costs. In longgang district of shenzhen, a medium-sized garment enterprise with more than 3,000 employees, the cost of raw materials dropped by 5% to 15%, including cotton, cotton and fiber products. After the price adjustment: guangdong region V standard the latest oil price Gas no. 92 was reduced by 0.10 yuan per liter to 5.88 yuan per liter. No. 95 gasoline was reduced by 0.11 yuan per liter to 6.37 yuan per liter. No. 0 diesel reduced by 0.11 yuan per liter to 5.45 yuan per liter. The stock market reaction A bearish Oil and gas plate short - term line is still hit Analysts at cic securities cautioned that the positive impact of falling oil prices is focused on the medium and long term, rather than the short term. The impact on various sectors is also varied. It is not the core influencing factors of oil and gas, automobile, textile and other sectors, which can only play the role of share price support and promotion, and cannot achieve the effect of substantially increasing share price in a short time. Lin boqiang, a professor at xiamen university, said: "international oil prices are falling and the fall in oil prices has lowered the cost of raw materials for many industries, which has greatly reduced the operating burden of enterprises. The fall in oil prices for oil and gas plate, playing a long - term positive, short - term role. good Plate one: aviation logistics positive continue to ferment The biggest beneficiaries were the aviation and logistics sectors. The three listed airlines saved hundreds of millions of yuan in fuel costs, and the performance of China southern airlines soared 271% in the first three quarters. The positive trend will continue through at least the first half of 2016, as oil prices remain volatile. Plate two: traditional auto industry by good promotion Low oil price has a great impact on the traditional automobile industry. Oil price has indeed reduced the cost of maintaining cars for residents, which is conducive to automobile sales. Not good for new energy vehicle stocks. Three: chemical fiber and textile clothing industry Despite the increase in labor costs, many apparel enterprises in dongguan and zhongshan still claim that the proportion of raw material costs in their production costs is more than 20%. If the international oil price drops by 20% to 40%, their corresponding production costs will fall by 4% to 8%, which is a considerable amount for the low-profit industry.