- Mall
- Supermarket
- Supplier
- Cross-Border Barter
- Industrial Data
- Warehouse Logistics
- Trade Assurance
- Expo Services
March 19 Gasoline Market Analysis
International crude oil closes
|
date |
market |
specifications |
Closing (USD/barrel) |
rise and fall |
|
20240318 |
US |
WTI |
82.72 |
1.68 |
|
20240318 |
British |
Brent |
86.89 |
1.55 |
Gasoline price index
On March 19, China's 92 #gasoline price index was 8966.76, up 22.26, or 0.25%; China's 95 #gasoline price index was 9270.27, up 21.44, or 0.23%. 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 303.51.
Gasoline Market Analysis:
Today, the main wholesale price of gasoline in China increased mainly, with the overall increase of 30-100 yuan/ton; the ex-factory price of local refineries increased mostly, with gasoline prices in Shandong, North China, East China, Northwest China and Central China increasing by 30-50 yuan/ton. Recently, the transaction situation in the gasoline market has picked up. International crude oil has closed up. Procurement operations in the middle and lower reaches have increased. Refinery shipments have been relatively smooth, and most of them have a positive attitude towards prices.
|
Main wholesale price of gasoline on March 19 (yuan/ton) |
||||
|
areas |
Gasoline model |
Price 3.18 |
Price 3.19 |
rise and fall |
|
in North China |
92# |
8530-9708 |
8550-9708 |
20/0 |
|
95# |
8730-10074 |
8750-10074 |
20/0 |
|
|
South China |
92# |
8900-9830 |
8950-9880 |
50/20 |
|
95# |
9150-10130 |
9150-10180 |
0/0 |
|
|
central China |
92# |
8830-9450 |
8850-9500 |
20/50 |
|
95# |
8980-9750 |
9130-9800 |
50/50 |
|
|
East China |
92# |
8750-9150 |
8770-9150 |
20/0 |
|
95# |
8850-9500 |
8870-9500 |
20/0 |
|
|
northwestern region |
92# |
8600-10109 |
8700-10109 |
100/0 |
|
95# |
8800-10698 |
8900-10698 |
100/0 |
|
|
southwestern region |
92# |
8920-10279 |
8950-10279 |
30/0 |
|
95# |
9150-10878 |
9150-10878 |
0/0 |
|
|
Northeast China |
92# |
8500-8900 |
8530-8900 |
30/0 |
|
95# |
8950-9680 |
8950-9680 |
0/0 |
|
|
Ex-factory price of local gasoline refining on March 19 (yuan/ton) |
||||
|
areas |
Gasoline model |
Price 3.18 |
Price 3.19 |
rise and fall |
|
Shandong area |
92# |
8360-8800 |
8380-8800 |
20/0 |
|
95# |
8480-8950 |
8480-8950 |
0/0 |
|
|
in North China |
92# |
8500-8620 |
8520-8640 |
20/20 |
|
95# |
8550-8690 |
8570-8710 |
20/20 |
|
|
central China |
92# |
8830-8830 |
8880-8880 |
50/50 |
|
95# |
9030-9030 |
9080-9080 |
50/50 |
|
|
East China |
92# |
8500-8620 |
8500-8640 |
0/20 |
|
95# |
8620-8730 |
8620-8750 |
0/20 |
|
|
northwestern region |
92# |
8450-8650 |
8500-8700 |
50/50 |
|
95# |
8650-8800 |
8650-8900 |
0/0 |
|
|
Northeast China |
92# |
8450-8550 |
8450-8550 |
0/0 |
|
95# |
8750-8750 |
8750-8750 |
0/0 |
|
|
southwestern region |
92# |
8950-8950 |
8980-8980 |
30/30 |
|
95# |
9100-9100 |
9130-9130 |
30/30 |
|
market outlook
International crude oil futures prices rose, crude oil exports from Iraq and Saudi Arabia decreased, and U.S. fuel demand improved. Supported by positive international crude oil, the market situation in China's gasoline market has improved, but the demand side lacks substantial benefits and may lack upward momentum. Overall, it is expected that most gasoline market prices in China will stabilize in the short term.
