Gasoline Market Analysis on July 30

Gasoline Market Analysis on July 30

International crude oil closes

Gasoline price index

On July 30, the domestic 92 #gasoline price index was 8935.14, down 6.89, or 0.08%; the domestic 95 #gasoline price index was 9233.08, down 7.06, or 0.08%. 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 297.94.

Gasoline Market Analysis:

Today, the domestic gasoline market has both ups and downs. Among them, the high-end price of 92 #in East China has been lowered by 50 yuan/ton; the low-end price of South China has been lowered by 50 yuan/ton; the low-end price of 92 #in Southwest China has been lowered by 20 yuan/ton; the low-end price of Central China has been lowered by 20 yuan/ton, and the high-end price has been increased by 50 yuan/ton; gasoline prices in other regions have been stable. The ex-factory prices of local refineries have both risen and fallen, with the low-end price of 95 #in Northwest China being lowered by 100 yuan/ton; the low-end price in East China being lowered by 10 yuan/ton, and the high-end price being increased by 10 yuan/ton; the high-end price in North China being lowered by 30 yuan/ton; Southwest China is lowered by 50 yuan/ton; gasoline prices in other regions are 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. Most of them need to purchase, and refinery shipments are average.

market outlook

Relations between Israel and Hezbollah in Lebanon remain tense, but the conflict between the two sides has not yet escalated further. The United States has also called on Israel to exercise maximum restraint, and the atmosphere of geopolitical tension has not yet warmed up. International crude oil closed down, and cost-side news provided negative guidance, suppressing the mentality of operators. In the domestic gasoline market, demand performance is weak, and procurement enthusiasm in the middle and lower reaches is average.The new round of NDRC price adjustments fulfills expectationsGiven the market's negative guidance, coupled with the increased pressure on main units at the end of the month and the weak willingness to support prices, the domestic gasoline market is expected to fluctuate within a narrow range in the short term.