June 19 Gasoline Market Analysis

International crude oil closes

Gasoline price index

On June 19, China's 92 #gasoline price index was 8981.15, an increase of 9.01, or 0.10%; China's 95 #gasoline price index was 9271.99, an increase of 12.16, or 0.13%. 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 290.84.

Gasoline Market Analysis:

Today, China's gasoline market is stable, medium and strong. Among them, 92 #prices in East China are increased by 30-50 yuan/ton, and 95 #low-end prices in East China are increased by 50 yuan/ton; low-end prices in North China, Southwest China, and Central China are increased by 30-50 yuan/ton; gasoline prices in other regions are stable. The ex-factory prices of local refineries increased mainly, with Shandong, East China, North China, Central China, and Southwest China increasing by 10-100 yuan/ton; the low-end price of 95 #in Northwest China increasing by 50 yuan/ton; and gasoline prices in other regions stabilizing. At present, transactions in China's gasoline market are booming, procurement enthusiasm in the middle and lower reaches continues to improve, and refinery shipments are relatively smooth.

market outlook

Israel approved an action plan to launch an attack on Lebanon and decided to continue to improve the combat readiness of its ground forces. International crude oil closed up continuously, and cost-side support strengthened. In China's gasoline market, a new round of refined oil price adjustment shows upward expectations. With the end of the college entrance examination, the number of residents traveling has increased, the rate of car use and the use of car air conditioners has increased, and gasoline is still sufficient. However, entering the middle and late months, the sales pressure of each main unit has gradually increased. On the whole, China's gasoline market is expected to increase steadily and within a narrow range in the short term.