Gasoline Market Analysis on March 25

Gasoline Market Analysis on March 25

International crude oil closes

Gasoline price index

On March 25, China's 92 #gasoline price index was 8986.57, an increase of 14.54, or 0.16%; China's 95 #gasoline price index was 9291.78, an increase of 12.47, or 0.13%. 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 305.2.

Gasoline Market Analysis:

Today, the main wholesale prices of gasoline in China are mainly rising, with gasoline prices rising in North China, East China and South China, with the overall increase of 50-120 yuan/ton; the ex-factory prices of local refineries being stable and strong, among which gasoline prices in Shandong and North China, East China, Northwest China and Northeast China have been raised by 50-110 yuan/ton. At present, transactions in China's gasoline market are booming. Crude oil closed down overnight. Purchasing operations in the middle and lower reaches have increased. Refinery shipments are fast, and most of them have a price attitude.

market outlook

International crude oil closed down, but the Palestinian-Israeli ceasefire negotiations are still deadlocked, and the atmosphere of tightening the situation in Russia and Ukraine has not changed. As the Qingming Festival approaches, the middle and lower reaches are ready in advance, so gasoline still has upward momentum. Overall, it is expected that there will still be room for growth in China's gasoline prices in the short term.