Gasoline Market Analysis on July 8

Gasoline Market Analysis on July 8

International crude oil closes

Gasoline price index

On July 8, the domestic 92 #gasoline price index was 9016.87, down 4.30, or 0.07%; the domestic 95 #gasoline price index was 9312.22, up 0.81, or 0.01%. 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 295.36.

Gasoline Market Analysis:

Today, the domestic gasoline market is stable and weak. Among them, low-end prices in East China, Northwest China, and Northeast China have been lowered by 20-50 yuan/ton; high-end prices in Southwest China have been lowered by 100 yuan/ton, and low-end prices in 95 #have been lowered by 50 yuan/ton; Gasoline prices in other regions are stable. The ex-factory prices of local refining have both risen and fallen, among which the high-end price of 95 #in Shandong has been increased by 20 yuan/ton; the high-end price of 92 #in northwest China has been increased by 50 yuan/ton; the high-end price of East China has been lowered by 10 yuan/ton, and the low-end price of 92 #has been lowered by 20 yuan/ton; North China has been lowered by 110-130 yuan/ton; gasoline prices in other regions have been stable. At present, transactions in the domestic gasoline market are light, international crude oil has closed down, purchasing enthusiasm in the middle and lower reaches has declined, and refinery shipments are average.

market outlook

Significant progress has been made in the Palestinian-Israeli ceasefire negotiations, tensions have continued to ease, and the hurricane has not yet had a significant impact on the drilling platform area. International crude oil closed down, with negative guidance, suppressing the mentality of operators entering the market. In the domestic gasoline market, in terms of demand, gasoline has improved compared with the previous period, boosted by the increase in residents 'use of vehicles for travel during the summer, coupled with the gradual rise in temperatures and the increase in the frequency of use of vehicle-mounted air conditioners. A new round of retail prices is expected to increase this week, providing good guidance. Procurement enthusiasm in the middle and lower reaches has improved, with procurement being mainly needed. The main unit has less sales pressure in the first ten days 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.