Gasoline (20230602): The fundamentals lack positive boost, and the buying and selling atmosphere is moderate
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June 2, 2023, 4:55 PM Gasoline: the fundamentals lack a positive boost, and the buying and selling atmosphere is mild.
International crude oil closed
|
Date |
Market |
Specifications |
Close (US dollars / barrel) |
Rise and fall |
|
20230601 |
America |
WTI |
70.1 |
2.01 |
|
20230601 |
The United Kingdom |
Brent |
74.28 |
1.62 |
Gasoline price index
On June 2, China's gasoline price index was 8745.27, down 14.33, or 0.16%, while China's gasoline price index was 9034.41, down 16.78, or 0.19%. The 9-month gasoline index and the 9-month gasoline index were both downgraded, and the price difference between the 9-month gasoline index and the 9-month gasoline index was 289.15.
Gasoline market analysis:
Today, China's main wholesale gasoline prices are mainly stable, with fluctuations in some regions, among which the low-end gasoline prices in North China and Northeast China have increased by 30 yuan per ton, while the high-end gasoline prices in East China have fallen somewhat, with a range of 80-100 yuan per ton. The ex-factory price of georefining has been raised in a narrow range, among which the price of gasoline in Shandong, North China, Central China and East China has increased by a range of 30-60 yuan per ton. Gasoline prices in the northwest and northeast regions remained stable for the time being. At present, the turnover of China's gasoline market is general, the downstream traders are determined by sales, purchase with multi-rigid demand, refineries can ship goods at low prices, the sales policy is still relatively flexible, and there is a willingness to explore in areas with less pressure. On the whole, the buying and selling atmosphere is relatively mild, and the market tends to operate steadily.
|
June 2 main wholesale price of gasoline (yuan / ton) |
||||
|
Area |
Gasoline model |
Price 6.1 |
Price 6.2 |
Rise and fall |
|
North China region |
92# |
8570-9000 |
8600-9000 |
30/0 |
|
95# |
8770-9230 |
8800-9230 |
30/0 |
|
|
South China |
92# |
8750-9150 |
8750-9150 |
0/0 |
|
95# |
8950-9450 |
8950-9450 |
0/0 |
|
|
Central China |
92# |
8650-9000 |
8650-9000 |
0/0 |
|
95# |
8800-9200 |
8800-9200 |
0/0 |
|
|
East China region |
92# |
8600-9000 |
8600-8900 |
0/-100 |
|
95# |
8850-9180 |
8850-9100 |
0/-80 |
|
|
Northwestern region |
92# |
8650-9580 |
8650-9580 |
0/0 |
|
95# |
8900-10140 |
8900-10140 |
0/0 |
|
|
Southwest China |
92# |
8800-9150 |
8800-9150 |
0/0 |
|
95# |
9100-9600 |
9100-9600 |
0/0 |
|
|
Northeast China |
92# |
8520-8800 |
8550-8800 |
30/0 |
|
95# |
8900-9300 |
8900-9300 |
0/0 |
|
|
June 2 gasoline refinery ex-factory price (yuan / ton) |
||||
|
Area |
Gasoline model |
Price 6.1 |
Price 6.2 |
Rise and fall |
|
Shandong area |
92# |
8240-8550 |
8300-8590 |
60/40 |
|
95# |
8350-8750 |
8400-8750 |
50/0 |
|
|
North China region |
92# |
8300-8340 |
8360-8370 |
60/30 |
|
95# |
8400-8440 |
8460-8470 |
60/30 |
|
|
Central China |
92# |
8650-8650 |
8700-8700 |
50/50 |
|
95# |
8850-8850 |
8900-8900 |
50/50 |
|
|
East China region |
92# |
8310-8400 |
8360-8450 |
50/50 |
|
95# |
8460-8550 |
8510-8600 |
50/50 |
|
|
Northwestern region |
92# |
8300-8700 |
8300-8700 |
0/0 |
|
95# |
8450-8900 |
8450-8900 |
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 probability of the passage of the US debt ceiling agreement has increased, market concerns have been alleviated, international crude oil prices have risen, and crude oil levels have been well supported. However, the scale of the OPEC+ production reduction is unknown, and the market is waiting for the guidance of the meeting on the 4th of this month, so the market is relatively cautious before this. At present, the fluctuation of China's gasoline market is relatively small, the fundamentals lack of positive boost, refineries may continue to maintain preferential promotional efforts to stimulate transactions. Taken together, it is expected that China's gasoline market prices will face downside risks 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 30, 2023, the prices of gasoline and diesel in China (standard products, the same below) will be increased by 100 yuan and 95 yuan 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 30, 2023, the third 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 |
9375 |
8350 |
|
Tianjin |
9340 |
8315 |
|
Hebei Province |
9340 |
8315 |
|
Shanxi province |
9410 |
8370 |
|
Liaoning province |
9340 |
8315 |
|
Jilin Province |
9340 |
8315 |
|
Heilongjiang province |
9340 |
8315 |
|
Shanghai |
9355 |
8320 |
|
Jiangsu Province |
9395 |
8355 |
|
Zhejiang Province |
9395 |
8370 |
|
Anhui province |
9390 |
8365 |
|
Fujian Province |
9415 |
8380 |
|
Jiangxi province |
9395 |
8375 |
|
Shandong province |
9350 |
8325 |
|
Hubei province |
9365 |
8340 |
|
Hunan Province |
9405 |
8400 |
|
Henan province |
9360 |
8335 |
|
Hainan province |
9485 |
8450 |
|
Chongqing |
9555 |
8525 |
|
Guangdong province |
9420 |
8385 |
|
Guangxi Zhuang Autonomous region |
9485 |
8450 |
|
Ningxia Hui Autonomous region |
9345 |
8315 |
|
Gansu province |
9325 |
8335 |
|
Xinjiang Uygur Autonomous region |
9120 |
8210 |
|
II. Areas with one province and one price will not be implemented for the time being |
||
|
|
Gasoline (standard) |
Diesel oil (standard) |
|
Hohhot |
9355 |
8330 |
|
Chengdu city |
9560 |
8550 |
|
Guiyang city |
9520 |
8475 |
|
Kunming City |
9550 |
8505 |
|
Xi'an city |
9325 |
8325 |
|
Xining City |
9305 |
8360 |
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 8610 yuan and 7585 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.