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Gasoline: Some traders are replenishing goods, and refinery prices are slightly higher

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February 6, 2024, 5:01 PM

Gasoline: Some traders are replenishing goods, and refinery prices are slightly higher

International crude oil closes

 

date

market

specifications

Closing (USD/barrel)

rise and fall

20240205

US

WTI

72.78

0.5

20240205

British

Brent

77.99

0.66

 

Gasoline price index

On February 6, China's 92 #gasoline price index was 8892.89, up 0.01, or 0.01%; China's 95 #gasoline price index was 9197.44, down 0.65, or 0.01%. The price difference between 92 #gasoline and 95 #gasoline index is 304.55.

 

Gasoline Market Analysis:

Today, the wholesale prices of China's main units are mainly adjusted within the region, with limited fluctuations. Ex-factory price of local refining gasoline prices increased slightly in some regions, with gasoline prices in Shandong, East China and North China increasing by 20-90 yuan/ton; gasoline prices in other regions remained stable. At present, the trading atmosphere in China's gasoline market is still good. Some traders have replenished stocks on dips, refinery shipments have improved, and orders have increased. Refinery prices in areas with better sales rose slightly.

Main wholesale price of gasoline on February 6 (yuan/ton)

areas

Gasoline model

Price 2.5

Price 2.6

rise and fall

in North China

92#

8450-9581

8450-9581

0/0

95#

8650-9942

8650-9942

0/0

South China

92#

8850-9850

8850-9850

0/0

95#

9050-10150

9050-10150

0/0

central China

92#

8750-9400

8750-9400

0/0

95#

8900-9700

8900-9700

0/0

East China

92#

8600-9060

8600-9110

0/50

95#

8800-9350

8800-9400

0/50

northwestern region

92#

8680-9977

8680-9977

0/0

95#

8880-10558

8880-10558

0/0

southwestern region

92#

8950-9650

8950-9650

0/0

95#

9200-9950

9200-9950

0/0

Northeast China

92#

8450-9000

8450-9000

0/0

95#

8700-9600

8700-9600

0/0

 

Ex-factory price of local gasoline refining on February 6 (yuan/ton)

areas

Gasoline model

Price 2.5

Price 2.6

rise and fall

Shandong area

92#

8300-8730

8360-8770

60/40

95#

8500-8890

8560-8920

60/40

in North China

92#

8480-8630

8500-8660

20/30

95#

8530-8730

8550-8760

20/30

central China

92#

8700-8700

8700-8700

0/0

95#

8900-8900

8900-8900

0/0

East China

92#

8410-8480

8460-8570

50/90

95#

8530-8590

8580-8680

50/90

northwestern region

92#

8350-8600

8350-8600

0/0

95#

8500-8800

8500-8800

0/0

Northeast China

92#

8400-8430

8400-8430

0/0

95#

8600-8600

8600-8600

0/0

southwestern region

92#

8950-8950

8950-8950

0/0

95#

9100-9100

9100-9100

0/0

 

market outlook

In terms of international crude oil, OPEC's geopolitical uncertainty continues, lacking guidance on important events, and there is a good game in the game. The market has been on holiday one after another, centralized stocking in the middle and lower reaches has ended, and some of them just need replenishment. The market has limited fluctuations and has become calm. Overall, China's gasoline market is expected to stabilize in the short term.