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Gasoline Market Analysis on August 13

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August 13, 2024, 5:06 PM

Gasoline Market Analysis on August 13

International crude oil closes


Gasoline price index

On August 13, the domestic 92 #gasoline price index was 883.76, up 13.66, or 0.15%; the domestic 95 #gasoline price index was 9175.17, up 11.98, or 0.13%. 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 291.41.


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Gasoline Market Analysis:

Today, the domestic gasoline market is stable, medium and strong. Among them, the high-end price of 92 #in East China is increased by 40 yuan/ton; the low-end price of 92 #in South China is increased by 20 yuan/ton; the low-end price of North China, North China, Southwest China, and Central China is increased by 20-80 yuan/ton; gasoline prices in other regions are stable. The ex-factory price of local refineries has been mainly increased, with the price of 92 #in Shandong increased by 30-40 yuan/ton, the low-end price of 95 #reduced by 17 yuan/ton, and the high-end price increased by 30 yuan/ton; Northwest China, East China, North China, Southwest China, The price of 92 #in Central China has been reduced by 30 yuan/ton; gasoline prices in other regions have been stable. At present, transactions in the domestic gasoline market are still good, procurement enthusiasm in the middle and lower reaches has warmed up, and refinery shipments are smooth.



market outlook

Israel claims that Iran may launch new military operations in the next 24 hours, and potential geopolitical risks still exist. Crude oil closed up wide overnight, which helped ease market sentiment. In the domestic gasoline market, the demand side has not improved significantly. There is still a lack of sustained positive factors to boost it, and the wait-and-see atmosphere in the middle and lower reaches has weakened. Entering the middle of the month, the sales pressure of all main units has gradually increased, and their willingness to bid may have eased. On the whole, it is expected that the domestic gasoline market will remain mainly stable in the short term and fluctuate within a narrow range.