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Gasoline (20230530): Price limit adjustment is approaching, and prices in various regions are mostly stable

109,320
May 30, 2023, 4:51 PM

Gasoline: price limit adjustment is approaching, prices in various regions are more stable

 

International crude oil closed

 

Date

Market

Specifications

Close (US dollars / barrel)

Rise and fall

20230529

America

WTI

-

-

20230529

The United Kingdom

Brent

77.07

0.12

Note: WTI crude oil futures are closed for one day due to US Memorial Day and have no settlement price.

Gasoline price index

On May 30, China's gasoline price index rose 8.12, or 0.09%, to 8748.54, while China's gasoline price index rose 8.23, or 0.09%, to 9049.78. The 9-month gasoline index and the 9-month gasoline index both rose, and the price difference between the 9-month gasoline index and the 9-month gasoline index was 301.24.

 

Gasoline market analysis:

Today, the wholesale prices of gasoline in various parts of China are sorted out between the high and low prices in the region. The ex-factory price of geo-refinery fluctuates within a narrow range, with the high-end prices of 9-kilogram and 9-kilowatt gasoline in East China and the low-end gasoline prices in North China rising by 20 yuan per ton. High-end gasoline prices in North China have fallen somewhat, with a reduction of 50 yuan per ton. Gasoline prices in Shandong, Central China, Northwest and Northeast China have remained stable for the time being. At present, the turnover of China's gasoline market is general, the terminal procurement is insufficient, the demand remains weak, and there is no favorable support. Approaching the day of price adjustment, the market has a strong wait-and-see mentality. Overall, the gasoline market remained stable and trading was limited.

 

May 30 main wholesale price of gasoline (yuan / ton)

Area

Gasoline model

Price 5.29

Price 5.30

Rise and fall

North China region

92#

8600-9000

8600-9000

0/0

95#

8800-9150

8800-9150

0/0

South China

92#

8750-9200

8750-9200

0/0

95#

8950-9500

8950-9500

0/0

Central China

92#

8650-9000

8650-9000

0/0

95#

8800-9200

8800-9200

0/0

East China region

92#

8600-9000

8600-9000

0/0

95#

8850-9180

8850-9180

0/0

Northwestern region

92#

8650-9470

8650-9470

0/0

95#

8900-10030

8900-10030

0/0

Southwest China

92#

8900-9200

8900-9200

0/0

95#

9100-9700

9100-9700

0/0

Northeast China

92#

8480-8700

8480-8700

0/0

95#

8830-9150

8830-9150

0/0

 

Ex-factory price of gasoline refinery on May 30 (RMB / ton)

Area

Gasoline model

Price 5.29

Price 5.30

Rise and fall

Shandong area

92#

8240-8550

8240-8550

0/0

95#

8350-8750

8350-8750

0/0

North China region

92#

8300-8450

8320-8400

20/-50

95#

8400-8550

8420-8500

20/-50

Central China

92#

8700-8700

8700-8700

0/0

95#

8900-8900

8900-8900

0/0

East China region

92#

8340-8410

8340-8430

0/20

95#

8490-8560

8490-8580

0/20

Northwestern region

92#

8350-8700

8350-8700

0/0

95#

8500-8900

8500-8900

0/0

Northeast China

92#

8550-8550

8550-8550

0/0

95#

8750-8750

8750-8750

0/0

 

Future forecast

From the perspective of international crude oil, the United States has reached an agreement on the debt ceiling negotiations, international crude oil prices have risen again, and international crude oil has some support. From a macro policy point of view, the refined oil window opened at 24:00 today, and the expectation of price increase is clear, but at present, the boost to the market is limited. From the demand point of view, the rigid demand procurement is more, the demand side is difficult to improve in the short term. On the supply side, the starting load is OK, China's gasoline spot resources are OK, and the supply remains stable. On the whole, the price of China's gasoline market is expected to stabilize in the short term.

 

 

Maximum retail price list of gasoline and diesel in provinces, autonomous regions, cities and central cities

Since 24:00 on May 16, 2023, the prices of gasoline and diesel in China (the same below) will be reduced by RMB380,365 per ton respectively. After the adjustment, the maximum retail prices of gasoline and diesel in all provinces (autonomous regions and municipalities) and central cities are shown in the attached table. The date of the price adjustment will be 24:00 on May 16, 2023, the ninth working day in China since the price adjustment was announced by the National Development and Reform Commission.

 

Schedule

Maximum retail price of gasoline and diesel in provinces, autonomous regions, cities and central cities

Unit: yuan / ton

 

I. areas with one province and one price

 

 

Gasoline (standard)

Diesel oil (standard)

Beijing

9275

8255

Tianjin

9240

8220

Hebei Province

9240

8220

Shanxi province

9310

8275

Liaoning province

9240

8220

Jilin Province

9240

8220

Heilongjiang province

9240

8220

Shanghai

9255

8225

Jiangsu Province

9295

8260

Zhejiang Province

9295

8275

Anhui province

9290

8270

Fujian Province

9315

8285

Jiangxi province

9295

8280

Shandong province

9250

8230

Hubei province

9265

8245

Hunan Province

9305

8305

Henan province

9260

8240

Hainan province

9385

8355

Chongqing

9455

8430

Guangdong province

9320

8290

Guangxi Zhuang Autonomous region

9385

8355

Ningxia Hui Autonomous region

9245

8220

Gansu province

9225

8240

Xinjiang Uygur Autonomous region

9020

8115

II. Areas with one province and one price will not be implemented for the time being

 

Gasoline (standard)

Diesel oil (standard)

Hohhot

9255

8235

Chengdu city

9460

8455

Guiyang city

9420

8380

Kunming City

9450

8410

Xi'an city

9225

8230

Xining City

9205

8265

                                                                

Note: 1. The prices in the table include consumption tax, value-added tax, urban construction tax and additional education fees.

2. The prices of gasoline and diesel oil in the table are in line with the compulsory national standards of VIA and Ⅵ in the sixth stage.

3. The sixth stage standard of gasoline and diesel is gasoline and No. 0 vehicle diesel respectively.

4. The prices of gasoline and diesel oil that meet the quality standards of the sixth stage for the national reserve and the Xinjiang production and Construction Corps are 8510 yuan and 7490 yuan per ton respectively, and other relevant oil price policies shall be implemented in accordance with the provisions of the measures for Oil Price Management.