Gasoline Market Analysis on July 15

Gasoline Market Analysis on July 15

International crude oil closes

Gasoline price index

On July 15, the domestic 92 #gasoline price index was 9001.31, down 9.06, or 0.10%; the domestic 95 #gasoline price index was 9302.38, down 7.94, or 0.09%. 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 301.07.

Gasoline Market Analysis:

Today, the domestic gasoline market is stable and weak, with a reduction of 50 yuan/ton in the northwest region; the low-end price of 95 #in the northeast region being reduced by 20 yuan/ton; the low-end price of 92 #in the southwest region being reduced by 20 yuan/ton; and gasoline prices in other regions are stable. The ex-factory prices of local refineries have both risen and fallen, with Shandong increasing by 40-70 yuan/ton; Northwest China and North China increasing by 20-50 yuan/ton; Low-end price of 92 #in Northwest China decreasing by 150 yuan/ton; Low-end prices in East China The price is increased by 10-50 yuan/ton, the high-end price of 92 #is lowered by 10 yuan/ton, and the high-end price of 95 #is increased by 30 yuan/ton; Central China has lowered by 130 yuan/ton; gasoline prices in other regions are stable. At present, transactions in the domestic gasoline market are still good. Crude oil closed down. The wait-and-see attitude in the gasoline market has not diminished, and refinery shipments have performed poorly.

market outlook

Israel and Hamas have agreed to the ceasefire framework, but Israeli Prime Minister Benjamin Netanyahu reversed his attitude and denied a key concession during the negotiations. Differences between Hamas and Israel have once again strengthened, and the ceasefire negotiations may reach a deadlock. International crude oil closed down, with limited cost-side support. The news was negative, suppressing the enthusiasm of industry operators to enter 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. Recently, the overall gasoline market has been sluggish, market pessimism has intensified, downstream procurement enthusiasm is average, and just-needed procurement is the main focus. Entering the middle of the month, the pressure on sales tasks of all main units has increased, and their 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.