Gasoline Market Analysis on March 26

Gasoline Market Analysis on March 26

International crude oil closes

Gasoline price index

On March 26, China's 92 #gasoline price index was 9040.15, an increase of 53.30, or 0.59%; China's 95 #gasoline price index was 9343.34, an increase of 49.02, or 0.53%. 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 303.19.

Gasoline Market Analysis:

Today, the main wholesale price of gasoline in China rose, with the overall increase of 50-120 yuan/ton; the ex-factory price of local refineries was mainly rising, with gasoline prices in Shandong, North China, East China, Central China, Northwest China and Southwest China increasing by 30-120 yuan/ton. At present, transactions in China's gasoline market are booming. Crude oil closed up overnight. Purchasing enthusiasm in the middle and lower reaches is high. Refinery production and sales data have improved significantly, and refineries have increased their willingness to support prices.

market outlook

International crude oil closed up higher. The United Nations Security Council clearly called for a ceasefire. The Russian government has ordered companies to reduce crude oil production. Gasoline prices have been boosted before the holiday, and the frequency of purchases by middle and lower reaches has accelerated. Overall, China's gasoline prices are expected to rise steadily and moderately in the short term.