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Gasoline Market Analysis on July 23
International crude oil closes
Gasoline price index
On July 23, the domestic 92 #gasoline price index was 8981.55, down 1.71, or 0.02%; the domestic 95 #gasoline price index was 9278.97, down 2.57, or 0.03%. 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 297.42.
Gasoline Market Analysis:
Today, the domestic gasoline market is operating stably, with minor adjustments in the region. The ex-factory prices of local refineries have both risen and fallen. Among them, the high-end price of 92 #in East China has been lowered by 10 yuan/ton, and the low-end price of 95 #has been lowered by 10 yuan/ton; the high-end price of North China has been increased by 30 yuan/ton; and gasoline prices in other regions have been stable. At present, transactions in the domestic gasoline market are light, and there is a strong wait-and-see atmosphere in the middle and lower reaches. Procurement is mainly in need, and there is no strong willingness to replenish goods. Overall, the market lacks news guidance, and prices fluctuate with the market.
market outlook
There is no new news from the Palestinian-Israeli peace talks, and military operations in the Gaza Strip continue.The instability in the Middle East continues. International crude oil closed down, and cost-side news guidance was limited, suppressing the enthusiasm of operators to enter the market. The domestic gasoline market is still boosted by residents traveling during the summer holiday, and downstream purchasing enthusiasm is still acceptable.The new round of NDRC price adjustment and deposit reduction expectations, keep negative guidance in the market. Entering the second half of the month, the pressure on sales tasks of all main units has increased, and price reduction promotions have increased. On the whole, it is expected that the domestic gasoline market will stabilize mainly in the short term and fluctuate within a narrow range.
