Gasoline Market Analysis on June 7

Gasoline Market Analysis on June 7

International crude oil closes

Gasoline price index

On June 7, China's 92 #gasoline price index was 8990.68, up 11.23, or 0.13%; China's 95 #gasoline price index was 9280.45, up 11.46, or 0.12%. 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 289.77.

Gasoline Market Analysis:

Today, China's gasoline market is stable, medium and strong, and concentrated on low-end prices. Among them, the low-end prices in South China, North China, and Northeast China have been increased by 20-100 yuan/ton; the low-end price of 95 #in East China has been increased by 40 yuan/ton; The low-end price of 92 #in Southwest China has been increased by 50 yuan/ton; gasoline prices in other regions have been stable. The ex-factory price of local refining is stable and strong. Among them, 92 #in Shandong and North China has been increased by 30-50 yuan/ton, and the low-end price of 95 #has been increased by 60-80 yuan/ton; the high-end price of 92 #in Northwest China has been increased by 50 yuan/ton, and the low-end price of 95 #has been increased by 50 yuan/ton; in East China, it has been increased by 40-50 yuan/ton; gasoline prices in other regions have been stable. At present, transactions in China's gasoline market are booming. International crude oil has closed up continuously. The cost side provides support. The enthusiasm for purchasing in the middle and lower reaches is still good, and refinery shipments have improved.

market outlook

Saudi Arabia stated that its plan to increase production starting in October may be suspended or cancelled at any time, and Russia also stated that it fully fulfilled its responsibility to reduce production in May. International crude oil closed up continuously, with good news guiding. In China's gasoline market, market purchasing enthusiasm has improved. As the Dragon Boat Festival holiday approaches, residents 'travel vehicles have increased. Next week is about to enter the middle of the month, and the task pressure on each main unit will gradually increase, and the retail price will be lowered. On the whole, the negative and positive trends are intertwined, pulling oil prices, and China's gasoline market is expected to fluctuate within a narrow range in the short term.