Gasoline: The buying and selling atmosphere improved before the holiday, and China's oil prices continued to push up

Gasoline: The buying and selling atmosphere improved before the holiday, and China's oil prices continued to push up

International crude oil closes

Note: The international crude oil market is closed for one day during the Christmas holiday and there is no settlement price.

Gasoline price index

On December 26, China's 92 #gasoline price index was 8693.44, up 33.83, or 0.39%; China's 95 #gasoline price index was 9020.01, up 30.08, or 0.33%. Both the 92 #gasoline index and the 95 #gasoline index were raised, and the price difference between the 92 #gasoline index and the 95 #gasoline index was 326.57.

Gasoline Market Analysis:

The main wholesale price of gasoline in China has increased significantly today. Among them, gasoline prices in South China, Central China, Northwest China, Southwest China and Northeast China have increased, with a range of 50-100 yuan/ton. Gasoline prices in North China and East China increased within the region. The ex-factory prices of local refineries in Northeast China are relatively stable, while gasoline prices in other regions continue to rise, with an increase of 50-150 yuan/ton. At present, the trading atmosphere in China's gasoline market is hot. There are more market entry operations in the middle and lower reaches before New Year's Day, and the atmosphere of hoarding is relatively strong. Shandong Refinery has produced and sold more than 100 yuan for several consecutive days, and its inventory is relatively low. The main unit's attitude towards supporting prices remains unchanged, and Poly is the main one.

market outlook

From the perspective of international crude oil, shipping giant Maersk is preparing to resume shipping operations in the Red Sea and the Gulf of Aden. The impact of the Red Sea incident on crude oil supply risks has weakened, and international oil prices may continue to retreat. From the perspective of the Chinese market, New Year's Day is approaching, positive holiday factors have boosted the oil market, and some low-inventory traders have moderately hoarded goods. The temperature in the northern region is gradually rising, and the current restrictions on logistics and transportation are reduced. In addition, high-speed hazardous chemicals are banned during the New Year's Day period, and advance preparations in the middle and lower reaches are mostly concentrated this week. Overall, China's gasoline market prices are expected to be stable and strong in the short term.