Low-price export of refined oil reveals huge profits for oil companies

According to a recent "Guangzhou Daily" report, according to media reports on "The average export price of domestic refined oil from January to August this year was RMB 2.4 per liter", Zhou Ruohong, chief analyst of the China National Petroleum and Chemical Corporation Research Institute of Economics and Technology, and chief of new wealth. Analyst Yin Xiaodong believes that the price calculated according to the amount and quantity of customs statistics does not include the tax price, while domestic sales of refined oil products include value-added tax, consumption tax, and urban construction tax and education surcharges, which are not comparable.
The relevant experts stated that “the price calculated according to the amount and quantity calculated by the customs is not included in the tax price, while the domestic product price of refined oil includes the value-added tax, consumption tax, and urban construction tax and education surcharge” to explain the export product oil price and domestic oil price. Not comparable is pale and weak. Because the difference between export product oil prices and domestic product oil prices is more than 4 yuan, taxation, including VAT, is unlikely to reach this amount, so that the amount of taxes will be higher than the price of the goods themselves. As calculated by netizens, the value-added tax of 2.4 yuan is only about 4 cents, plus the sum of consumption tax, urban construction tax, and education surcharges is only about 3 yuan. Therefore, even with various taxes, the export price of oil and domestic There is still a big difference between oil prices.
Oil companies export refined oil at a price that is more than half the price of domestic oil prices. First, they show that foreign refined oil prices are much lower than domestic oil prices. Some time ago, the two major oil companies used various rhetoric to “strive to prove” that the “naked price” of domestic oil prices was no higher than the “naked price” of foreign oil prices. At that time, many people wrote articles to refute them. Now, the oil companies' export of refined oil products at a price far lower than the domestic price is undoubtedly a strong indication of the true ratio difference between Chinese and foreign refined oil products. The oil companies' "naked prices" for domestic oil prices are not higher than those for foreign oil products. The high price of "naked prices" is not broken.
Oil companies export refined oil at a price that is half cheaper than domestic oil prices, which is a revealing of the true cost of domestic refined oil. All along, domestic oil companies are secretive about the cost of refined oil, and they export refined oil at a price of 2.4 yuan per liter plus tax revenue of only about 3 yuan. This reveals the true production costs of domestic refined oil from one side, revealing The real profit space that can be obtained by an oil company in the domestic market cannot be overstated by a huge amount of profit.

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