Gasoline: Most of the main products have been lowered, while most of the local refineries have declined
90,677 
October 31, 2023, 5:13 PM Gasoline: the main business is mainly downgraded, while the georefining industry is mostly downward.
International crude oil closed
|
Date |
Market |
Specifications |
Close (US dollars / barrel) |
Rise and fall |
|
20231030 |
America |
WTI |
82.31 |
-3.23 |
|
20231030 |
The United Kingdom |
Brent |
87.45 |
-3.03 |
Gasoline price index
On October 31, China's gasoline price index fell 8863.17, down 24.48, or 0.28%, while China's gasoline price index fell 9202.48, down 23.01, or 0.25%. 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 339.31.
Gasoline market analysis:
Today, the wholesale price of gasoline in China is mostly down, with gasoline prices in North China, South China, Central China, Southwest China and Northeast China reduced by 30-80 yuan per ton. The ex-factory price of geo-refinery fell in most areas, with a range of 30-100 yuan / ton. The price of Shengma Chemical Industry in Southwest China remains unchanged. At present, the trading atmosphere in China's gasoline market is weak, and there is still a wait-and-see mood among traders in the middle and lower reaches. Refinery volume volume discount operation is not reduced, but the price continuous decline of the current relatively low, the decline has slowed.
|
Main wholesale price of gasoline on October 31 (RMB / ton) |
||||
|
Area |
Gasoline model |
Price 10.30 |
Price 10.31 |
Rise and fall |
|
North China region |
92# |
8200-9600 |
8170-9600 |
-30/0 |
|
95# |
8400-10000 |
8370-10000 |
-30/0 |
|
|
South China |
92# |
8650-9680 |
8600-9680 |
-50/0 |
|
95# |
8900-9980 |
8850-9980 |
-50/0 |
|
|
Central China |
92# |
8650-9150 |
8550-9150 |
-50/0 |
|
95# |
8800-9450 |
8750-9450 |
-50/0 |
|
|
East China region |
92# |
8400-9650 |
8400-9650 |
0/0 |
|
95# |
8600-10000 |
8600-10000 |
0/0 |
|
|
Northwestern region |
92# |
8330-10000 |
8330-10000 |
0/0 |
|
95# |
8530-10450 |
8530-10450 |
0/0 |
|
|
Southwest China |
92# |
8700-9200 |
8600-9200 |
-100/0 |
|
95# |
8900-9550 |
8850-9500 |
-50/-50 |
|
|
Northeast China |
92# |
8600-9800 |
8550-9800 |
-50/0 |
|
95# |
8900-10000 |
8720-10000 |
-80/0 |
|
|
The ex-factory price of gasoline refining on October 31 (RMB / ton) |
||||
|
Area |
Gasoline model |
Price 10.30 |
Price 10.31 |
Rise and fall |
|
Shandong area |
92# |
8050-8300 |
7950-8300 |
-100/0 |
|
95# |
8130-8470 |
8080-8470 |
-50/0 |
|
|
North China region |
92# |
8080-8150 |
8030-8050 |
-50/-100 |
|
95# |
8200-8230 |
8100-8180 |
-100/-50 |
|
|
Central China |
92# |
8290-8290 |
8260-8260 |
-30/-30 |
|
95# |
8490-8490 |
8460-8460 |
-30/-30 |
|
|
East China region |
92# |
8180-8380 |
8150-8280 |
-30/-100 |
|
95# |
8300-8550 |
8270-8450 |
-30/-100 |
|
|
Northwestern region |
92# |
8150-8250 |
8100-8250 |
-50/0 |
|
95# |
8300-8450 |
8250-8450 |
-50/0 |
|
|
Northeast China |
92# |
8450-8600 |
8450-8500 |
0/-100 |
|
95# |
8800-8800 |
8800-8700 |
0/-100 |
|
|
Southwest China |
92# |
8650-8650 |
8650-8650 |
0/0 |
|
95# |
8800-8800 |
8800-8800 |
0/0 |
|
Future forecast
From the perspective of international crude oil, geopolitical uncertainty is still continuing, and the market mentality is also switching back and forth as conflict expectations expand and cool. The performance of the superimposed global economy is more tired and negative. At present, the gasoline market has been declining for many days in a row, the price is relatively low, the decline may be narrowed. In addition, it is about to enter a new round of performance calculation cycle of the main unit in November, the performance pressure at the beginning of the month is relatively small, and the willingness to fall sharply is weakened. In terms of gasoline terminal demand, some northern areas should take temporary traffic management measures for heavy air pollution, the driving of vehicles is limited, and there is no favorable support in terms of demand. Taken together, China's gasoline market is expected to decline slightly in the short term.
Maximum retail price list of gasoline and diesel in provinces, autonomous regions, cities and central cities
Since 24:00 on October 24, 2023, the price of gasoline and diesel in China has been reduced by 70 yuan per ton (standard, the same below). 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 next price adjustment is expected to be November 7.
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 |
10345 |
9285 |
|
Tianjin |
10310 |
9250 |
|
Hebei Province |
10310 |
9250 |
|
Shanxi province |
10380 |
9305 |
|
Liaoning province |
10310 |
9250 |
|
Jilin Province |
10310 |
9250 |
|
Heilongjiang province |
10310 |
9250 |
|
Shanghai |
10325 |
9255 |
|
Jiangsu Province |
10365 |
9290 |
|
Zhejiang Province |
10365 |
9305 |
|
Anhui province |
10360 |
9300 |
|
Fujian Province |
10385 |
9315 |
|
Jiangxi province |
10365 |
9310 |
|
Shandong province |
10320 |
9260 |
|
Hubei province |
10335 |
9275 |
|
Hunan Province |
10375 |
9335 |
|
Henan province |
10330 |
9270 |
|
Hainan province |
10455 |
9385 |
|
Chongqing |
10525 |
9460 |
|
Guangdong province |
10390 |
9320 |
|
Guangxi Zhuang Autonomous region |
10455 |
9385 |
|
Ningxia Hui Autonomous region |
10315 |
9250 |
|
Gansu province |
10295 |
9270 |
|
Xinjiang Uygur Autonomous region |
10090 |
9145 |
|
II. Areas with one province and one price will not be implemented for the time being |
||
|
|
Gasoline (standard) |
Diesel oil (standard) |
|
Hohhot |
10325 |
9265 |
|
Chengdu city |
10530 |
9485 |
|
Guiyang city |
10490 |
9410 |
|
Kunming City |
10520 |
9440 |
|
Xi'an city |
10295 |
9260 |
|
Xining City |
10275 |
9295 |
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 VIB 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 9580 yuan and 8520 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.