Gasoline Market Analysis on July 31

Gasoline Market Analysis on July 31

International crude oil closes

Gasoline price index

On July 31, the domestic 92 #gasoline price index was 8933.79, down 1.36, or 0.02%; the domestic 95 #gasoline price index was 9232.22, down 0.86, or 0.01%. 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 298.44.

Gasoline Market Analysis:

Today, the domestic gasoline market is operating stably, with slight adjustments in the region. Among them, low prices in East China have been lowered by 30 yuan/ton; gasoline prices in other regions have been stable. The ex-factory price of local refining is stable and weak, with the high-end price of 95 #in Shandong being lowered by 16 yuan/ton; the high-end price of 92 #in northwest China being lowered by 50 yuan/ton; the low-end price of North China being lowered by 30 yuan/ton; and the low-end price of North China being lowered by 30 yuan/ton; gasoline prices in other regions are stable. At present, transactions in the domestic gasoline market have improved compared with yesterday, and refinery shipments are average.

market outlook

Hamas leader was killed in an attack in Iran, raising concerns about tightening tensions in the Middle East。International crude oil closed down, and cost-side news provided negative guidance, suppressing the mentality of operators. In the domestic gasoline market, the demand side is weak, and the enthusiasm for purchasing in the middle and lower reaches is fair. Tomorrow will enter the beginning of next month and enter a new sales cycle. Major units may be more willing to support prices. It is expected that the domestic gasoline market will remain mainly stable in the short term and fluctuate within a narrow range.