Gasoline Market Analysis on April 1

Gasoline Market Analysis on April 1

International crude oil closes

Gasoline price index

On April 1, China's 92 #gasoline price index was 9117.26, up 22.53, or 0.25%; China's 95 #gasoline price index was 9411.46, up 20.53, or 0.225%. 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 294.20.

Gasoline Market Analysis:

Today, China's gasoline market is mainly rising. Among them, the main wholesale price of gasoline in Central and South China, North China, Northeast China, and Southwest China has increased by 20-150 yuan/ton. The ex-factory prices of local refineries mainly increased, with gasoline prices in Shandong, North China, Central China, East China, and Southwest China increasing by 20-50 yuan/ton. At present, the trading atmosphere in China's gasoline market is relatively hot, the enthusiasm for purchasing in the middle and lower reaches has increased, the willingness to support prices in areas with better sales has increased, and prices in some areas have stabilized.

market outlook

The bottom support for international oil prices remains strong, with the United States purchasing 2.8 million barrels of crude oil as its emergency oil reserve. Recently, international oil prices have fluctuated within a narrow range at the high level. In early April, the main business has no task pressure, and the promotion level has weakened. However, the demand side still lacks positive news stimulation. Overall, China's gasoline prices are expected to fluctuate within a narrow range in the short term.