Gasoline Market Analysis on October 8

Gasoline Market Analysis on October 8

International crude oil closes

Gasoline price index

On October 8, China's 92 #gasoline price index was 8081.13, an increase of 102.39, or an increase of 1.28%; China's 95 #gasoline price index was 8392.91, an increase of 103.38, or an increase of 1.25%. 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 311.78.

Gasoline Market Analysis:

The trading atmosphere in China's gasoline market is hot today. Among them, low-end prices in East China have been raised by 300 yuan/ton, and high-end prices have been lowered by 100-150 yuan/ton; South China and Southwest China have been raised by 150-300 yuan/ton; Low-end prices in North China, Northwest China, and Central China have been raised by 100-200 yuan/ton; low-end prices in Northeast China have been lowered by 70-105 yuan/ton; gasoline prices in other regions have been stable. The ex-factory prices of local refineries have both risen and fallen, with Shandong, Northwest, East and Southwest regions increasing by 130-350 yuan/ton; Northeast region lowering by 100-200 yuan/ton; low-end prices in North China increasing by 40 yuan/ton, high-end prices lowered by 120 yuan/ton; 92 #price in Central China increased by 140 yuan/ton, and 95 #high-end prices increased by 140 yuan/ton; gasoline prices in other regions were stable. At present, the buying and selling atmosphere in China's gasoline market is hot. The overall market has stopped falling and returned to rising. It has improved significantly in the early stage. The purchasing enthusiasm in the middle and lower reaches is still acceptable, and the wait-and-see attitude has eased.

market outlook

The United States said it would persuade Israel to give up the idea of attacking Iranian oil fields, and the conflict between the two sides has not yet escalated.In terms of gasoline in China, crude oil rose overnight for several consecutive days, boosting the market to a certain extent, and the purchasing and sales atmosphere has improved. The overall demand during the National Day holiday is still okay, which is good to boost the market and boost the mentality of operators. The replenishment situation after the holiday is still okay. Entering a new round of sales cycle, the pressure on sales tasks of each main unit has been reduced. On the whole, it is expected that China's gasoline market will mainly fluctuate within a narrow range in the short term.