- Mall
- Supermarket
- Supplier
- Cross-Border Barter
- Industrial Data
- Warehouse Logistics
- Trade Assurance
- Expo Services
April 12 Gasoline Market Analysis
International crude oil closes
|
date |
market |
specifications |
Closing (USD/barrel) |
rise and fall |
|
20240411 |
US |
WTI |
85.02 |
-1.19 |
|
20240411 |
British |
Brent |
89.74 |
-0.74 |
Gasoline price index
On April 12, China's 92 #gasoline price index was 9329.33, up 18.41, or 0.20%; China's 95 #gasoline price index was 9628.03, up 15.70, or 0.16%. 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 298.70.
Gasoline Market Analysis:
Today, China's gasoline market is stable and strong, with low-end gasoline prices in North China, East China and Northeast China rising by 20-110 yuan/ton; local refinery ex-factory prices rising steadily, with gasoline prices in Shandong, East China and North China. High-end prices are increased by 30-100 yuan/ton. At present, transactions in China's gasoline market are moderate, crude oil has closed down, wait-and-see sentiment in the middle and lower reaches has weakened, and refinery shipments are okay.
|
Main wholesale price of gasoline on April 12 (yuan/ton) |
||||
|
areas |
Gasoline model |
Price 4.11 |
Price 4.12 |
rise and fall |
|
East China |
92# |
9090-9600 |
9200-9600 |
110/0 |
|
95# |
9210-9800 |
9250-9800 |
40/0 |
|
|
South China |
92# |
9350-10380 |
9350-10380 |
0/0 |
|
95# |
9550-10680 |
9550-10680 |
0/0 |
|
|
in North China |
92# |
8870-9900 |
8890-9900 |
20/0 |
|
95# |
9070-10274 |
9090-10274 |
20/0 |
|
|
northwestern region |
92# |
9000-10321 |
9000-10321 |
0/0 |
|
95# |
9200-10955 |
9200-10955 |
0/0 |
|
|
Northeast China |
92# |
8830-9300 |
8880-9320 |
0/20 |
|
95# |
9085-9650 |
9135-9650 |
50/0 |
|
|
southwestern region |
92# |
9300--10491 |
9350--10491 |
50/0 |
|
95# |
9600-11102 |
9550-11102 |
-50/0 |
|
|
central China |
92# |
9200-9750 |
9200-9750 |
0/0 |
|
95# |
9400-10050 |
9400-10050 |
0/0 |
|
|
Ex-factory price of local gasoline refining on April 12 (yuan/ton) |
||||
|
areas |
Gasoline model |
Price 4.11 |
Price 4.12 |
rise and fall |
|
Shandong area |
92# |
8850-9150 |
8880-9250 |
30/100 |
|
95# |
8960-9300 |
8990-9341 |
30/41 |
|
|
northwestern region |
92# |
8850-9000 |
8850-9000 |
0/0 |
|
95# |
9050-9200 |
9050-9200 |
0/0 |
|
|
Northeast China |
92# |
8750-8900 |
8750-8950 |
0/50 |
|
95# |
8950-8950 |
8950-8950 |
0/0 |
|
|
East China |
92# |
8950-9030 |
9020-9110 |
70/80 |
|
95# |
9070-9140 |
9140-9220 |
70/80 |
|
|
in North China |
92# |
8900-8900 |
8950-9000 |
50/100 |
|
95# |
8980-9000 |
8980-9000 |
0/0 |
|
|
central China |
92# |
8980-8980 |
8980-8980 |
0/0 |
|
95# |
9400-9400 |
9400-9400 |
0/0 |
|
|
southwestern region |
92# |
9300-9300 |
9300-9300 |
0/0 |
|
95# |
9450-9450 |
9450-9450 |
0/0 |
|
market outlook
International crude oil prices closed down. Currently, no radical conflict has broken out between Iran and Israel. The geopolitical tightening atmosphere has eased, and international oil prices are expected to have room to fall. The demand side lacked holiday support and its performance was relatively weak. On the supply side, there are no new refineries to be overhauled next week. A new round of retail price adjustments is approaching, and the increase is expected to be large. Some middle and lower reaches have already started May Day stocking in advance. On the whole, China's gasoline market is expected to remain mainly stable in the short term and increase in a narrow range.
