Gasoline Market Analysis on July 12

Gasoline Market Analysis on July 12

International crude oil closes

Gasoline price index

On July 12, the domestic 92 #gasoline price index was 9010.37, an increase of 10.93, or 0.12%; the domestic 95 #gasoline price index was 9310.32, an increase of 13.90, or 0.15%. 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 299.95.

Gasoline Market Analysis:

Today, the domestic gasoline market has both ups and downs. Among them, the high-end price of 92 #in South China has been lowered by 30 yuan/ton, and the high-end price of 95 #has been increased by 20 yuan/ton; the price of North China has been increased by 20-121 yuan/ton; the low-end price of northwest China has been lowered by 50 yuan/ton, and the high-end price is increased by 117-123 yuan/ton; the low-end price of 95 #in Northeast China has been increased by 10 yuan/ton; gasoline prices in other regions have been stable. The ex-factory price of local refining has been stable, and prices in the region have been slightly adjusted. In Shandong, 92 #has been lowered by 12-30 yuan/ton, and 95 #has been increased by 100-140 yuan/ton; gasoline prices in other regions have been stable. At present, transactions in the domestic gasoline market are still good, crude oil closed upward, the wait-and-see attitude in the gasoline market remains unchanged, and refinery shipments perform poorly.

market outlook

Negotiations on a Israeli ceasefire agreement continue,Inflationary pressures in the United States have eased, and expectations for interest rate cuts in September have strengthened. International crude oil closed up higher, with the cost side providing certain support. 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. Yesterday's retail price was raised, and the positive news continued, boosting the market trading atmosphere to a certain extent. Recently, the overall gasoline market has been sluggish, the market pessimism has eased, and the enthusiasm of industry operators to enter the market is fair. Entering the first ten days of the month, the pressure on sales tasks of each main unit gradually appears, and the willingness to bid may decrease. With the negative and positive trends entangled, on the whole, the domestic gasoline market is expected to stabilize mainly in the short term, with narrow fluctuations.