Gasoline Market Analysis on July 19

Gasoline Market Analysis on July 19

International crude oil closes

Gasoline price index

On July 19, the domestic 92 #gasoline price index was 8995.90, up 0.79, or 0.01%; the domestic 95 #gasoline price index was 9292.17, up 0.64, or 0.01%. 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 296.27.

Gasoline Market Analysis:

Today, the domestic gasoline market is stable and weak, with the high-end price of 92 #in North China being lowered by 10 yuan/ton; the low-end price of 92 #in Southwest China being lowered by 30 yuan/ton; and gasoline prices in other regions being stable. The ex-factory prices of local refineries have both risen and fallen, with the low-end price of 95 #in Shandong being lowered by 10 yuan/ton; the price in North China being increased by 30-40 yuan/ton; and gasoline prices in other regions being stable. At present, transactions in the domestic gasoline market are light, and crude oil has closed up and down. The impact on the market is limited, and refinery shipments are performing well.

market outlook

Israeli sources said that the Israeli team responsible for indirect negotiations with Hamas has been drafting a new draft agreement text recently to meet the ceasefire requirements of both sides. The Palestinian-Israeli peace talks have sent a new positive signal.。International crude oil closed up with both ups and downs, and cost-side news guidance was limited, suppressing the enthusiasm of industry operators to enter the market. In the domestic gasoline market, boosted by residents traveling during the summer holiday, the market's wait-and-see mentality has improved, and downstream purchasing enthusiasm is still acceptable. Entering the middle of the month, the pressure on sales tasks of all main units has increased, and their willingness to bid may decrease. On the whole, it is expected that the domestic gasoline market will stabilize mainly in the short term and fluctuate within a narrow range.