Gasoline Market Analysis on March 27

Gasoline Market Analysis on March 27

International crude oil closes

Gasoline price index

On March 27, China's 92 #gasoline price index was 9051.28, up 11.13, or 0.12%; China's 95 #gasoline price index was 9349.23, up 7.98, or 0.09%. 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 297.94.

Gasoline Market Analysis:

Today, China's gasoline market fluctuated within a narrow range. Among them, the main wholesale price of gasoline in Central China and Northwest China has been increased by 30-50 yuan/ton; the price of gasoline in Northeast China has been lowered by 20-25 yuan/ton. The ex-factory prices of local refineries have fluctuated and fluctuated, with gasoline prices in East China and Northeast China increasing by 20-50 yuan/ton; gasoline prices in Shandong and North China decreasing by 20-30 yuan/ton. At present, transactions in China's gasoline market are still good. Crude oil closed down overnight. There are many promotional operations in the middle and lower reaches, and the shipment speed is poor.

market outlook

Although the United Nations passed a ceasefire resolution in the Gaza Strip, instability in the Middle East still exists, and the American Petroleum Institute's crude oil inventories have increased by more than 9 million barrels. Gasoline prices were boosted before the deposit period, international crude oil closed down, the middle and lower reaches were cautious and watched, and refinery shipments performed generally. Overall, China's gasoline prices are expected to fluctuate within a narrow range in the short term.