Gasoline Market Analysis on August 14

Gasoline Market Analysis on August 14

International crude oil closes

Gasoline price index

On August 14, the domestic 92 #gasoline price index was 8872.43, down 11.33, or 0.13%; the domestic 95 #gasoline price index was 9159.12, down 16.05, or 0.17%. 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 286.69.

Gasoline Market Analysis:

Today, the domestic gasoline market is stable and weak. Among them, low-end prices in East China and North China have been lowered by 20-30 yuan/ton; high-end prices in South China have been lowered by 70 yuan/ton; low-end prices in Northwest China have been increased by 50 yuan/ton; 92 #in Southwest China The low-end price is lowered by 50 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 being lowered by 20-27 yuan/ton, and the low-end price of 95 #being lowered by 30 yuan/ton; the low-end price of 95 #in northwest China being lowered by 50 yuan/ton; East China and Central China The price is lowered by 20-40 yuan/ton; the low-end price in North China is lowered by 80 yuan/ton; the price of gasoline in other regions is increased by 20 yuan/ton. At present, transactions in the domestic gasoline market are light, procurement enthusiasm in the middle and lower reaches is average, and refinery shipments are poor.

market outlook

Israel claims that Iran may launch new military operations in the next 24 hours, and that the geopolitical situation has not yet escalated and combined with demand pressure, international oil prices may have room to fall.。Crude oil closed down overnight, and the cost side lacked a positive boost. In the domestic gasoline market, the demand side has not improved significantly and continues to be weak. There is a strong wait-and-see atmosphere among middle and lower reaches, and procurement tends to be cautious. Entering the middle of the month, the sales pressure of all main units has gradually increased, and the confidence to support prices has weakened. Overall, it is expected that the domestic gasoline market will fluctuate within a narrow range in the short term.