Gasoline: OPEC+ meeting held successfully, gasoline market is good
International crude oil closed
Date |
Market |
Specifications |
Close (US dollars / barrel) |
Rise and fall |
20230602 |
America |
WTI |
71.74 |
1.64 |
20230602 |
The United Kingdom |
Brent |
76.13 |
1.85 |
Gasoline price index
On June 5, China's gasoline price index rose 38.94, or 0.45%, to 8784.21, while China's gasoline price index rose 40.49, or 0.45%, to 9074.91. 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 290.70.
Gasoline market analysis:
Today, wholesale gasoline prices are mainly rising in China, with increases in gasoline prices in North China, South China, Central China, East China and Southwest China, with a range of 50-130 yuan per ton. gasoline prices in northwest and northeast regions remained stable for the time being. The ex-factory prices of georefining have been raised as a whole, with increases in gasoline prices in Shandong, North China, Central China, East China and Northwest China, with a range of 70-100 yuan per ton. Gasoline prices in northeast China are stable for the time being. At present, the trading atmosphere in China's gasoline market is improving, the cost of international crude oil is rising, the industry is bullish, the operation of entering the market is increasing, and the situation of refinery shipments is better. In addition, the monthly pressure at the beginning of the month is still good, so it is more appropriate to raise the quotation. On the whole, purchases and sales are heating up and the market is improving.
June 5 main wholesale price of gasoline (yuan / ton) |
||||
Area |
Gasoline model |
Price 6.2 |
Price 6.5 |
Rise and fall |
North China region |
92# |
8600-9000 |
8650-9050 |
50/50 |
95# |
8800-9230 |
8870-9230 |
70/0 |
|
South China |
92# |
8750-9150 |
8750-9250 |
0/100 |
95# |
8950-9450 |
8970-9550 |
20/100 |
|
Central China |
92# |
8650-9000 |
8680-9050 |
30/50 |
95# |
8800-9200 |
8850-9400 |
50/200 |
|
East China region |
92# |
8600-8900 |
8650-9030 |
50/130 |
95# |
8850-9100 |
8850-9210 |
0/110 |
|
Northwestern region |
92# |
8650-9580 |
8650-9580 |
0/0 |
95# |
8900-10140 |
8900-10140 |
0/0 |
|
Southwest China |
92# |
8800-9150 |
8850-9150 |
50/0 |
95# |
9100-9600 |
9130-9600 |
30/0 |
|
Northeast China |
92# |
8550-8800 |
8550-8800 |
0/0 |
95# |
8900-9300 |
8900-9300 |
0/0 |
June 5 gasoline refinery ex-factory price (yuan / ton) |
||||
Area |
Gasoline model |
Price 6.2 |
Price 6.5 |
Rise and fall |
Shandong area |
92# |
8300-8590 |
8360-8650 |
60/60 |
95# |
8400-8750 |
8460-8840 |
60/90 |
|
North China region |
92# |
8360-8370 |
8370-8450 |
10/80 |
95# |
8460-8470 |
8470-8550 |
10/80 |
|
Central China |
92# |
8700-8700 |
8800-8800 |
100/100 |
95# |
8900-8900 |
9000-9000 |
100/100 |
|
East China region |
92# |
8360-8450 |
8420-8520 |
60/70 |
95# |
8510-8600 |
8570-8670 |
60/70 |
|
Northwestern region |
92# |
8300-8700 |
8400-8700 |
100/0 |
95# |
8450-8900 |
8550-8900 |
100/0 |
|
Northeast China |
92# |
8550-8550 |
8550-8550 |
0/0 |
95# |
8750-8750 |
8750-8750 |
0/0 |
Future forecast
In terms of international crude oil, 's new OPEC+ meeting ended, in which Saudi Arabia announced that its output in July this year would be reduced to 9 million barrels per day, and that an agreement on production reduction had been extended to the end of 2024, boosting the international oil market. From the demand point of view, the recent rise in temperatures around the country, the increase in automotive air conditioning oil, retail gasoline consumption has been supported. From the point of view of supply, the starting load of Chinese refineries is OK in the short term, and there is a certain stability, and there is little problem in the supply of spot gasoline resources. On the whole, it is expected that the price of gasoline in China may show an upward trend 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 fourth 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.