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Gasoline Market Analysis on June 21

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June 21, 2024, 4:37 PM

Gasoline Market Analysis on June 21

International crude oil closes

Gasoline price index

On June 21, the domestic 92 #gasoline price index was 8,980.37, down 0.44, or 0.01%; the domestic 95 #gasoline price index was 9,265.50, down 0.67, or 0.01%. Both the 92 #gasoline index and the 95 #gasoline index were lowered, and the price difference between the 92 #gasoline index and the 95 #gasoline index was 285.13.

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Gasoline Market Analysis:

Today, the domestic gasoline market is stable and weak. Among them, the low-end price in East China and Central China has been lowered by 20-30 yuan/ton, the low-end price of 92 #in North China has been increased by 92 yuan/ton, and the high-end price has been lowered by 221 yuan/ton; the low-end price of 95 #in Northeast China has been lowered by 35 yuan/ton; gasoline prices in other regions have been stable. The ex-factory price of local refining is stable and weak. Among them, the low-end price of 92 #in Shandong has been lowered by 20 yuan/ton, and the high-end price of 95 #has been increased by 20 yuan/ton; the high-end price of East China has been increased by 10 yuan/ton; the low-end price of 92 #in North China has been lowered by 20 yuan/ton, and the high-end price has been increased by 80 yuan/ton; in Central China, the price has been lowered by 30 yuan/ton; gasoline prices in other regions have been stable. At present, transactions in the domestic gasoline market are booming, procurement enthusiasm in the middle and lower reaches continues to improve, and refinery shipments are relatively smooth.

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market outlook

There has been no substantive progress in the Palestinian-Israeli ceasefire negotiations, and the instability of the situation in the Middle East still worries the market. Recently, the fundamentals of the crude oil market still prevail, and the instability of the geopolitical situation has also become prominent. International crude oil closed higher, cost-side support strengthened。Domestic gasoline market,The new round of refined oil price limit adjustments shows upward expectations. As the number of residents using cars and the use of vehicle-mounted air conditioners increases in the approaching summer, gasoline is still enough to support it. butEntering the latter part of the month,The sales pressure of all main units is gradually increasing, and their willingness to hold prices may decline. Overall, the domestic gasoline market is expected to increase steadily and within a narrow range in the short term.