Gasoline: The main wholesale price fluctuated slightly, while the mainstream ex-factory price of local refining remained stable

Gasoline: the main wholesale price fluctuates slightly, and the ex-factory price of geotechnical refinery is stable.

International crude oil closed

 

Date	Market	Specifications	Close (US dollars / barrel)	Rise and fall
20230814	America	WTI	82.51	-0.68
20230814	The United Kingdom	Brent	86.21	-0.6

 

Gasoline price index

On August 15, China's gasoline price index fell by 8.47, or 0.09%, to 9309.16, while the gasoline price index fell by 0.08%, to 9640.20. 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 331.04.

 

Gasoline market analysis:

Today, the wholesale price of gasoline in China fluctuates slightly in some areas, with gasoline prices in South China and East and Southwest China reduced by 20-50 yuan per ton. The high-end prices of Nine and Nine gasoline in Central China and Nine gasoline in Northeast China have increased by 50 yuan per ton. Gasoline prices in other areas are stable for the time being. The ex-factory price of geotechnical refinery is stable in most areas, and only the price of gasoline in Shandong Province has been raised by 20 yuan per ton. At present, the turnover in China's gasoline market is mediocre, the gasoline market price has risen to a certain high, coupled with the consumption of previous inventory downstream, the poor performance of refinery shipments has hindered the rise of the market.

August 15 main wholesale price of gasoline (yuan / ton)
Area	Gasoline model	Price 8.14	Price 8.15	Rise and fall
North China region	92#	9100-9710	9100-9710	0/0
	95#	9250-10090	9250-10090	0/0
South China	92#	9250-9500	9200-9500	-50/0
	95#	9500-9800	9450-9800	-50/0
Central China	92#	9100-9300	9100-9350	0/50
	95#	9350-9550	9350-9600	0/50
East China region	92#	9100-9600	9080-9600	-20/0
	95#	9280-9900	9280-9900	0/0
Northwestern region	92#	9100-9921	9100-9921	0/0
	95#	9300-10910	9300-10910	0/0
Southwest China	92#	9300-9550	9250-9550	-50/0
	95#	9600-10000	9600-10000	0/0
Northeast China	92#	9150-9800	9150-9800	0/0
	95#	9400-10620	9500-10620	50/0

 

The ex-factory price of gasoline refining on August 15 (RMB / ton)
Area	Gasoline model	Price 8.14	Price 8.15	Rise and fall
Shandong area	92#	8800-9100	8800-9100	0/0
	95#	8970-9260	8970-9280	20/0
North China region	92#	8820-9110	8820-9110	0/0
	95#	9000-9180	9000-9180	0/0
Central China	92#	9080-9080	9080-9080	0/0
	95#	9280-9280	9280-9280	0/0
East China region	92#	8820-8930	8820-8930	0/0
	95#	8970-9080	8970-9080	0/0
Northwestern region	92#	9000-9100	9000-9100	0/0
	95#	9200-9300	9200-9300	0/0
Northeast China	92#	9050-9050	9050-9050	0/0
	95#	9250-9250	9250-9250	0/0

 

Future forecast

From the perspective of international crude oil, the recent continuous rise in international oil prices to the highest point of the year is temporarily stagnant. Global economic growth data is still slow, the market tends to focus on the economic level, the superimposed dollar is higher, and the international oil market still has room to fall. From the perspective of supply and demand in China, the change range of rigid demand support is relatively stable. On the supply side, the refinery maintenance and restart process is normal, and China's gasoline resources are relatively stable. Market mentality after a period of early pull high bullish mood has weakened, wait-and-see psychological reappearance. But on the whole, under the expected blessing of Jinjiu Silver and Silver, it is expected that China's gasoline prices 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 August 9, 2023, the prices of gasoline and diesel in China (standard products, the same below) will be increased by RMB240,230 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 August 9, 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 9259 yuan and 8218 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.