Gasoline (20230802): Market transactions have improved, and the main refining prices have been increased

Gasoline: market turnover has improved, and refining prices in the main camps have all been raised.

International crude oil closed

 

Date	Market	Specifications	Close (US dollars / barrel)	Rise and fall
20230801	America	WTI	81.37	-0.43
20230801	The United Kingdom	Brent	84.91	-0.65

 

Gasoline price index

On Aug. 2, China's gasoline price index rose 32.26, or 0.35%, to 9133.86, while China's gasoline price index rose 26.12, or 0.28%, to 9455.13. The 9-month gasoline index and the 9-month gasoline index both rose, and the price difference between the 9-month gasoline index and the 9-month gasoline index was 321.28.

 

Gasoline market analysis:

Today, the wholesale price of gasoline in China is steadily rising, including North China, South China and Central China. The price of gasoline in East China and Southwest China and in Northeast China will be increased by 50-120 yuan per ton. Gasoline prices in other areas remain relatively stable for the time being. The ex-factory prices of geotechnical refinery have mainly increased, of which the prices of gasoline in Shandong, North China, Central China, East China and Northwest China have increased by 40-200 yuan per ton, while those in Northeast China have been stable. At present, the deal in China's gasoline market is OK, and the enthusiasm of picking up goods downstream yesterday is relatively high, and the actual transaction is supported by a large order. Refinery shipments are better, so refineries in less stressed areas have more room for pitching today. On the whole, the price of gasoline market is quite strong.

 

August 2 main wholesale price of gasoline (yuan / ton)
Area	Gasoline model	Price 8.1	Price 8.2	Rise and fall
North China region	92#	8800-9350	8850-9350	50/0
	95#	9050-9700	9100-9700	50/0
South China	92#	9000-9250	9050-9300	50/50
	95#	9250-9550	9300-9600	50/50
Central China	92#	8950-9150	8950-9200	0/50
	95#	9100-9350	9100-9400	0/50
East China region	92#	8850-9250	8900-9300	50/50
	95#	9100-9400	9100-9450	0/50
Northwestern region	92#	8850-9890	8850-9890	0/0
	95#	9050-10640	9050-10640	0/0
Southwest China	92#	9100-9400	9150-9500	50/100
	95#	9320-9830	9450-9950	130/120
Northeast China	92#	8800-9700	8850-9700	50/0
	95#	9200-10300	9200-10300	0/0

 

The ex-factory price of gasoline refinery on August 2 (RMB / ton)
Area	Gasoline model	Price 8.1	Price 8.2	Rise and fall
Shandong area	92#	8400-8810	8450-8880	50/70
	95#	8570-9010	8630-9040	60/30
North China region	92#	8700-8790	8750-8830	50/40
	95#	8840-8850	8880-8900	50/40
Central China	92#	8880-8880	9080-9080	200/200
	95#	9080-9080	9280-9280	200/200
East China region	92#	8490-8670	8530-8720	40/50
	95#	8640-8820	8680-8870	40/50
Northwestern region	92#	8700-8850	8750-8850	50/0
	95#	8850-9050	8900-9050	50/0
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 rising US dollar, coupled with the profit-taking of investors, has led to a decline in international oil prices, but the tightening of the supply side has not disappeared. The release of collection prices in early August boosts the gasoline market, which adds up to little pressure on sales tasks at the beginning of the month. From the point of view of the price adjustment mechanism of refined oil, the current rate of change of crude oil continues to extend positively, and the news side is favorable. Recently, the state has once again stressed the need to actively expand Chinese demand, consumption-driven economic growth, and policy support. Taken together, the price of China's gasoline market is expected to remain strong 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 fifth 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.