BEIJING, Aug. 6 /PRNewswire-Asia/ -- Himfr.com, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, analyzes China's oil market trends.
With the fall in the dollar's exchange rate, international crude oil closed with a high price yesterday. However, for one week, the international crude oil market oscillated with an increased number of uncertain factors. The refined oil market has therefore been more cautious. Blend oil price fluctuations have been smaller, and market resources are abundant.
Domestic refined oil market supply and demand currently faces increasing price influences, and customer retention has become the first priority in for enterprises. The blend oil market has turned from a "price war" to a "quality war".
The market in China's Henan and Hebei provinces has been less unstable, with large blend oil enterprises currently maintaining low inventory operations. Standard oil resources are abundant, potentially creating price declines in the blend oil market.
In the south China market, the price of refined oil is stable, but rises in gas, raw material and naphtha prices should affect the market and resource supplies. Overall, the current market supply exceeds demand.
About Himfr.com
Himfr.com is a promising e-commerce company and a leading vertical search engine company in China. Himfr.com offers a variety of high quality products such as cheese graters (http://www.himfr.com/buy-cheese_grater/ ), pallet wraps (http://www.himfr.com/buy-pallet_wrap/ ), tealight holders (http://www.himfr.com/buy-tealight_holder/ ) and more.
For more information, please contact:
www.Himfr.com
Tel: +86-10-6556-9770
Email: [email protected]
SOURCE Himfr.com
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