Gasoline Market Analysis on July 1

Gasoline Market Analysis on July 1

International crude oil closes

Gasoline price index

On July 1, the domestic 92 #gasoline price index was 9,000.18, up 0.58, or 0.01%; the domestic 95 #gasoline price index was 9,294.94, down 6.12, or 0.07%. Both the 92 #gasoline index and the 95 #gasoline index were up and down, and the price difference between the 92 #gasoline index and the 95 #gasoline index was 294.76.

Gasoline Market Analysis:

Today, the domestic gasoline market has both ups and downs. Among them, the high-end price of 92 #in East China has been increased by 20 yuan/ton; the low-end price of South China has been lowered by 50 yuan/ton; the low-end price of 92 #in Southwest China and Central China has been increased by 20-30 yuan/ton; the high-end price of 95 #in Central China has been lowered by 50 yuan/ton; gasoline prices in other regions have been stable. The ex-factory prices of local refineries are stable and weak, with Shandong and East China lowering by 15-90 yuan/ton; the low-end price in Northwest China lowering by 50 yuan/ton; the low-end price in North China lowering by 40-180 yuan/ton, and the high-end price of 92 #is lowered by 30 yuan/ton, and the high-end price of 95 #is increased by 20 yuan/ton; the southwest region is increased by 50-100 yuan/ton; gasoline prices in other regions are stable. At present, transactions in the domestic gasoline market are relatively light, international crude oil has closed up, procurement enthusiasm in the middle and lower reaches is average, price reduction promotions have increased, and refinery shipments have performed generally.

market outlook

Israel's Defense Minister said that Israel does not want to confront Lebanon head-on, but is making military preparations for a conflict with Hezbollah in Lebanon. International crude oil closed up higher, and recently international oil prices have continued to consolidate and operate in high ranges.Domestic gasoline market,Gasoline demand performance is relatively stable, and a new round of price limit deposits is expected to increase, providing good guidance. The enthusiasm for purchasing in the middle and lower reaches is average, mainly digesting pre-stage inventories, and the market has a strong wait-and-see atmosphere. A new sales cycle enters at the beginning of the month, and the sales pressure of each main unit is less, and their willingness to support prices may improve. On the whole, it is expected that the domestic gasoline market will stabilize mainly in the short term and fluctuate within a narrow range.