Gasoline: Supported by positive international oil prices, the main wholesale price has been increased overall

International crude oil closed

 

Date	Market	Specifications	Close (US dollars / barrel)	Rise and fall
20230803	America	WTI	81.55	2.06
20230803	The United Kingdom	Brent	85.14	1.94

 

Gasoline price index

On August 4, China's gasoline price index rose 35.36, or 0.39%, to 9169.15, while China's gasoline price index rose 34.19, or 0.36%, to 9485.60. 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 316.45.

 

Gasoline market analysis:

Today, the overall increase in the wholesale price of gasoline in various regions of China is concentrated in 20-50 yuan / ton, and mostly concentrated in the low-end price. The ex-factory price of georefining has been raised, of which the price of gasoline in Shandong, North China, Central China, East China and Northwest China has increased by 20-100 yuan per ton, while that in Northeast China has been stable. At present, the transaction in China's gasoline market is relatively good, the enthusiasm of picking up goods in the middle and lower reaches is relatively high, the speed of refinery shipment is relatively fast, and the willingness of refineries to ship goods is still firm.

 

August 4 main wholesale price of gasoline (yuan / ton)
Area	Gasoline model	Price 8.3	Price 8.4	Rise and fall
North China region	92#	8850-9350	8900-9350	50/0
	95#	9100-9700	9150-9700	50/0
South China	92#	9100-9300	9120-9350	20/50
	95#	9350-9600	9370-9650	20/50
Central China	92#	9000-9200	9000-9250	0/50
	95#	9200-9500	9200-9550	0/50
East China region	92#	8950-9300	9000-9300	50/0
	95#	9150-9450	9200-9450	50/0
Northwestern region	92#	8850-9890	8900-9890	50/0
	95#	9050-10640	9100-10640	50/0
Southwest China	92#	9150-9500	9200-9500	50/0
	95#	9500-9950	9550-9950	50/0
Northeast China	92#	8850-9588	8900-9588	50/0
	95#	9200-10130	9230-10130	30/0

 

August 4 gasoline refinery ex-factory price (yuan / ton)
Area	Gasoline model	Price 8.3	Price 8.4	Rise and fall
Shandong area	92#	8450-8880	8550-8950	100/70
	95#	8630-9040	8690-9120	60/80
North China region	92#	8780-8850	8800-8920	20/70
	95#	8900-8930	8950-8970	50/40
Central China	92#	9080-9080	9110-9110	30/30
	95#	9280-9280	9310-9310	30/30
East China region	92#	8630-8720	8710-8820	80/100
	95#	8780-8870	8860-8970	80/100
Northwestern region	92#	8750-8850	8800-8900	50/50
	95#	8900-9050	8950-9100	50/50
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, Saudi Arabia's production reduction plan has been extended to September, and Russia has also said that exports will be further reduced in September, and international crude oil futures will rise better, forming a certain positive support. 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, the increase in the retail price of refined oil is expanded, and the news is favorable. At the beginning of the month, the performance pressure of each unit is smaller, the superimposed refining profit is higher, and the rising price of the refinery is mainly.

 

 

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 sixth 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.