Gasoline (20230801): Market transactions are average, and prices are both up and down

Gasoline: the transaction in the market is average, and the price goes up and down.

International crude oil closed

 

Date	Market	Specifications	Close (US dollars / barrel)	Rise and fall
20230731	America	WTI	81.8	1.22
20230731	The United Kingdom	Brent	85.56	0.57

 

Gasoline price index

On August 1, China's gasoline price index fell 7.12, or 0.08%, to 9101.60, while China's gasoline price index fell 12.69, or 0.13%, to 9429.02. The 9-month gasoline index and the 9-month gasoline index were both downgraded, and the price difference between the 9-month gasoline index and the 9-month gasoline index was 327.42.

 

Gasoline market analysis:

Today, the wholesale prices of gasoline in China are mixed, with gasoline prices in South and Central China rising by 50 yuan per ton, and those in North China by 50 yuan per ton. The rest of the area will be arranged in many inner areas. The ex-factory price of georefining fluctuates within a narrow range. The price of gasoline in North and Central China and Shandong Province has been increased by 20-80 yuan per ton, while the low-end price of gasoline in Northwest China has been reduced by 50 yuan per ton. At present, the lower reaches of China's gasoline market is generally not enthusiastic about picking up goods, and the wait-and-see mood is strong. The inventory pressure of the refinery is not great at the beginning of the month, so adjust the quotation flexibly according to your own situation. Overall, the trading atmosphere in the market was mild.

 

The wholesale price of gasoline on August 1 (RMB / ton)
Area	Gasoline model	Price 7.31	Price 8.1	Rise and fall
North China region	92#	8800-9400	8800-9350	0/-50
	95#	9050-9750	9050-9700	0/-50
South China	92#	9000-9200	9000-9250	0/50
	95#	9250-9500	9250-9550	0/50
Central China	92#	8950-9150	8950-9150	0/50
	95#	9100-9350	9100-9350	0/50
East China region	92#	8850-9300	8850-9300	0/0
	95#	9100-9650	9100-9650	0/0
Northwestern region	92#	8850-9890	8850-9890	0/0
	95#	9050-10640	9050-10640	0/0
Southwest China	92#	9100-9400	9100-9400	0/0
	95#	9320-9830	9320-9830	0/0
Northeast China	92#	8800-9700	8800-9700	0/0
	95#	9200-10300	9200-10300	0/0

 

The ex-factory price of gasoline refining on August 1 (RMB / ton)
Area	Gasoline model	Price 7.31	Price 8.1	Rise and fall
Shandong area	92#	8400-8810	8400-8810	0/0
	95#	8500-8990	8570-9010	70/20
North China region	92#	8700-8770	8700-8790	0/20
	95#	8820-8850	8840-8850	20/0
Central China	92#	8800-8800	8880-8880	80/80
	95#	9000-9000	9080-9080	80/80
East China region	92#	8490-8670	8490-8670	0/0
	95#	8640-8820	8640-8820	0/0
Northwestern region	92#	8700-8850	8700-8850	-50/0
	95#	8850-9050	8800-9050	0/0
Northeast China	92#	8950-8950	8950-8950	0/0
	95#	9150-9150	9150-9150	0/0

 

Future forecast

From the perspective of international crude oil, the supply side is tightening, the Asian economy and demand are expected to improve, and international oil prices continue to rise, supporting China's gasoline market to a certain extent. However, at present, the sales volume of the refinery has been lower than the output for several consecutive days, and the production and sales have not exceeded 100. In addition, the current price is relatively high, the psychological resistance of traders is emerging, and the price driving force is insufficient. On the whole, it is expected that the price of Chinese gasoline market will be stable in the short term.

 

 

Maximum retail price list of gasoline and diesel in provinces, autonomous regions, cities and central cities

Since 24:00 on July 26th, the price of gasoline and diesel in China will be increased by 275yuan and 260yuan per ton respectively. After the adjustment, the maximum retail prices of gasoline and diesel in all provinces (autonomous regions and municipalities) and central cities are shown in the attached table. The date of the price adjustment will be 24:00 on July 26, 2023, the fourth working day in China since the price adjustment was announced by the National Development and Reform Commission.

 

Schedule

Maximum retail price of gasoline and diesel in provinces, autonomous regions, cities and central cities

Unit: yuan / ton

	I. areas with one province and one price
	Gasoline (standard)	Diesel oil (standard)
Beijing	9820	8780
Tianjin	9785	8745
Hebei Province	9785	8745
Shanxi province	9855	8800
Liaoning province	9785	8745
Jilin Province	9785	8745
Heilongjiang province	9785	8745
Shanghai	9800	8750
Jiangsu Province	9840	8785
Zhejiang Province	9840	8800
Anhui province	9835	8795
Fujian Province	9860	8810
Jiangxi province	9840	8805
Shandong province	9795	8755
Hubei province	9810	8770
Hunan Province	9850	8830
Henan province	9805	8765
Hainan province	9930	8880
Chongqing	10000	8955
Guangdong province	9865	8815
Guangxi Zhuang Autonomous region	9930	8880
Ningxia Hui Autonomous region	9790	8745
Gansu province	9770	8765
Xinjiang Uygur Autonomous region	9565	8640
II. Areas with one province and one price will not be implemented for the time being
	Gasoline (standard)	Diesel oil (standard)
Hohhot	9800	8760
Chengdu city	10005	8980
Guiyang city	9965	8905
Kunming City	9995	8935
Xi'an city	9770	8755
Xining City	9750	8790

                                                                

Note: 1. The prices in the table include consumption tax, value-added tax, urban construction tax and additional education fees.

2. The prices of gasoline and diesel oil in the table are in line with the compulsory national standards of VIA and Ⅵ in the sixth stage.

3. The sixth stage standard of gasoline and diesel is gasoline and No. 0 vehicle diesel respectively.

4. The prices of gasoline and diesel oil that meet the quality standards of the sixth stage for the national reserve and the Xinjiang production and Construction Corps are 9055 yuan and 8015 yuan per ton respectively, and other relevant oil price policies shall be implemented in accordance with the provisions of the measures for Oil Price Management.