Chu Jue Sea: The oil market system is an inevitable choice of City News _ _ _ Sina Sina Financial

⊙ – - Xiaohan

政策的必然选择，也是必由之路。 Assistant general manager of Shanghai Futures Exchange yesterday, Chu Jue in the "Shanghai Derivatives Market Forum" that the market is policy of the inevitable choice and the only way. Jue Chu Hoi said that China is now the choice is passive tracking international oil market, only a small number of enterprises to participate in the international oil market trading patterns in the oil price volatility of the situation, a large number of domestic oil consumption enterprises are facing a huge price risk, Is the lack of good hedging tool caused by natural phenomena.

Jue Chu Hai believe that China's economy at present the biggest problem is one of some commodities, particularly bulk commodity markets of the lack of circulation and consumption areas of operation carries risks. "Now we all know, for instance, the domestic refined oil prices are lower than the same period in foreign oil prices, this situation a long time if sustained, may affect the overall economic development. It has the advantage of the CPI have a certain effect, but anti – Will produce up against. For example, and the country's energy policy will not appear, do not stress energy consumption, the NDRC energy consumption of enterprises control the output more difficult. "

Chu Jue sea view, these factors will lead to the operation of the market in a more vigorous consumption, but also a possible shortage of goods. "Petrol Filling Station platoon leader's understanding of how? many people may see only a superficial, where platoon leader in the truck team, filling half an hour to spend even one hour, these will inevitably lead to a substantial increase in economic costs. "

The face of high oil prices, China's strategy at this stage to take subsidies depress domestic oil prices. Chu Jue in the sea, the long-term maintenance of low-priced oil to countries throughout the market system to no benefits, and will produce a series of negative impact. Chu Jue sea that subsidies alone can not solve the problem, the shortcomings of lower prices of imports of domestic enterprises is lack of motivation, lack of power production, can not fully guarantee the domestic supply. "In the oil, Sinopec would like to do everything possible to protect the supply, in fact they do so, however, due to market its own operating laws, more than a ton of refining on the loss of more than a ton, on the protection of domestic supply has severely affected."

Chu Jue sea at the Forum recommended improving the oil market system, if we do not speed up the construction of the oil market system, is likely to miss.

"At present, China's market economic system is at a critical stage of construction, China would like to present the economic power into a world economic power, we must establish a sound market system is very, very strong capital markets, financial markets and futures markets." Chu Hai Jue Pointed out that at present, the United Arab Emirates, India, other Asian countries such as the oil futures market has been established. "I think, in properly handle the interests of all sectors of society on the basis of gradual market-oriented, China's oil policy is the inevitable choice and the only way. How to promote this step? I believe that in addition to administrative means, the method still need to market To advance. If China is not a market adjustment, we balance the interests of all sectors, the industry will be the effective development of a very severe test, so the oil market-oriented system is China's inevitable choice. "

chinainvestor:本版contents of the article was supplied by MarketWatch, does not constitute investment advice. Investors this operation, own risk.

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