Gasoline Market Analysis on March 21

Gasoline Market Analysis on March 21

International crude oil closes

Gasoline price index

On March 21, China's 92 #gasoline price index was 8978.00, down 0.85, or 0.01%; China's 95 #gasoline price index was 9282.59, down 0.63, or 0.01%. Both the 92 #gasoline index and the 95 #gasoline index were lowered, and the price difference between the 92 #gasoline index and the 95 #gasoline index was 304.59.

Gasoline Market Analysis:

Today, the main wholesale prices of gasoline in China are mixed. Among them, gasoline prices in North China, Northwest China, and Southwest China and Northeast China have increased, with an overall increase of 50-100 yuan/ton, and gasoline prices in South China and East China have been lowered by 30-50 yuan/ton; The ex-factory prices of local refineries are stable and weak, with gasoline prices in Shandong and North China being lowered by 30-50 yuan/ton. International crude oil closed down, there were many promotion operations in the middle and lower reaches, and refinery shipments performed poorly.

market outlook

International crude oil closed down, U.S. commercial crude oil inventories continued to fall, and the impact of Ukraine drone attacks on Russian refineries continued. After eliminating warehouses, merchants in the middle and lower reaches purchase on demand, and the market has a strong wait-and-see atmosphere. On the whole, it is expected that China's gasoline and diesel prices will remain mainly stable in the short term, with some regions may fluctuate within a narrow range.