Gasoline Market Analysis on July 5

Gasoline Market Analysis on July 5

International crude oil closes

Gasoline price index

On July 5, the domestic 92 #gasoline price index was 9022.82, up 4.30, an increase of 0.05%; the domestic 95 #gasoline price index was 9311.42, up 5.60, an increase of 0.06%. 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 288.60.

Gasoline Market Analysis:

Today, the domestic gasoline market has both ups and downs, with low-end prices in North China lowered by 20 yuan/ton; low-end prices in Central China increased by 50 yuan/ton; and gasoline prices in other regions were stable. The ex-factory prices of local refineries have fluctuated and fluctuated, with low-end prices in Shandong and North China lowered by 30-80 yuan/ton; East China and Southwest China increased by 20-40 yuan/ton; high-end prices in Shandong increased by 8-10 yuan/ton; The low-end price of 95 #in Northwest China was increased by 50 yuan/ton; gasoline prices in other regions were stable. At present, transactions in the domestic gasoline market are moderate, international crude oil has closed up, procurement enthusiasm in the middle and lower reaches is still good, and refinery shipments are smooth.

market outlook

The impact of the American hurricane is temporarily limited, and ceasefire negotiations between Palestine and Israel have made progress again, or to a certain extent, easing tensions in the Middle East situation. International crude oil closed up in a narrow range, and the market lacked obvious news guidance. In the domestic gasoline market, in terms of demand, gasoline was boosted by the summer vacation and improved compared with the previous period. A new round of expected increases in price-limited deposits provides good guidance. Procurement enthusiasm in the middle and lower reaches has improved, with procurement being mainly needed. The main unit has less sales pressure at the beginning of the month and has more confidence in raising prices. On the whole, it is expected that the domestic gasoline market will stabilize mainly in the short term and fluctuate within a narrow range.