Gasoline Market Analysis on April 2

Gasoline Market Analysis on April 2

International crude oil closes

Gasoline price index

On April 2, China's 92 #gasoline price index was 9,168.65, an increase of 51.39, or 0.56%; China's 95 #gasoline price index was 9,467.94, an increase of 54.58, or 0.58%. 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 299.28.

Gasoline Market Analysis:

Today, China's gasoline market is mainly up, with the overall increase of 20-224 yuan/ton. The ex-factory prices of local refineries mainly increased, with gasoline prices in Shandong, Northwest, Northeast, East China, and North China increasing by 30-110 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

The Palestinian-Israeli conflict continues, Ukraine drones continue to attack Russian refineries, and instability in the Middle East and Russia and Ukraine continues. International crude oil prices closed higher, with good news guiding them. At the same time, today is the first day of the National Development and Reform Commission's approval of the zero-price increase. Most of the middle and lower reaches are actively stocking up before the holiday. Overall, China's gasoline prices are expected to rise steadily in the short term.