Gasoline: basic support is general, gasoline market adjusts slightly
International crude oil closed
Date |
Market |
Specifications |
Close (US dollars / barrel) |
Rise and fall |
20230605 |
America |
WTI |
72.15 |
0.41 |
20230605 |
The United Kingdom |
Brent |
76.71 |
0.58 |
Gasoline price index
On June 6, China's gasoline price index rose 17.97, or 0.2%, to 8802.18, while China's gasoline price index rose 22.99, or 0.25%, to 9097.90. 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 295.72.
Gasoline market analysis:
Today, the wholesale price of gasoline in China is stable in most areas, and has been raised in some areas, among which the price increases in South and Southwest China and Central China and Northeast China are concentrated at 30-70 yuan per ton, narrowing from yesterday's rate. The price of gasoline in North China, East China and Northwest China fluctuates in the regional price range, as well as in Central China and Northeast China. The ex-factory price of geotechnical refinery has increased slightly, of which the price of gasoline in Shandong, North China and East China has increased by 20-50 yuan per ton. Gasoline prices in Central China, Northwest China and Northeast China are temporarily stable. At present, the turnover of China's gasoline market is average, the wait-and-see mood in the lower reaches still exists, the rigid demand of traders is mainly purchasing, refinery shipments are OK, and there is no obvious accumulation of inventory. On the whole, the fundamentals support is general, and the gasoline market adjusts slightly.
June 6 main wholesale price of gasoline (yuan / ton) |
||||
Area |
Gasoline model |
Price 6.5 |
Price 6.6 |
Rise and fall |
North China region |
92# |
8650-9050 |
8650-9050 |
0/0 |
95# |
8870-9230 |
8870-9230 |
0/0 |
|
South China |
92# |
8750-9250 |
8750-9300 |
0/50 |
95# |
8970-9550 |
9000-9600 |
30/50 |
|
Central China |
92# |
8680-9050 |
8680-9050 |
30/50 |
95# |
8850-9400 |
8850-9400 |
0/0 |
|
East China region |
92# |
8650-9030 |
8650-9030 |
0/0 |
95# |
8850-9210 |
8850-9210 |
0/0 |
|
Northwestern region |
92# |
8700-9580 |
8700-9580 |
0/0 |
95# |
8900-10140 |
8900-10140 |
0/0 |
|
Southwest China |
92# |
8850-9150 |
8900-9180 |
50/30 |
95# |
9130-9600 |
9200-9630 |
70/30 |
|
Northeast China |
92# |
8550-8800 |
8580-8800 |
30/0 |
95# |
8900-9300 |
8900-9300 |
0/0 |
June 6 gasoline refinery ex-factory price (yuan / ton) |
||||
Area |
Gasoline model |
Price 6.5 |
Price 6.6 |
Rise and fall |
Shandong area |
92# |
8360-8650 |
8400-8670 |
40/20 |
95# |
8460-8840 |
8510-8840 |
50/0 |
|
North China region |
92# |
8370-8450 |
8390-8470 |
20/20 |
95# |
8470-8550 |
8490-8570 |
20/20 |
|
Central China |
92# |
8800-8800 |
8800-8800 |
0/0 |
95# |
9000-9000 |
9000-9000 |
0/0 |
|
East China region |
92# |
8420-8520 |
8440-8550 |
20/30 |
95# |
8570-8670 |
8590-8700 |
20/30 |
|
Northwestern region |
92# |
8400-8700 |
8400-8700 |
0/0 |
95# |
8550-8900 |
8550-8900 |
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 production reduction plan supported the rise in oil prices, but the positive mood of crude oil gradually digested, the increase was less than market expectations, and the boost was limited. Superposition yesterday, China's main units and local refineries were generally up-regulated, following the rise in crude oil. On the other hand, in terms of Chinese demand, the fuel consumption of automotive air conditioners increased in summer but without short-term holiday support, and the demand side was mediocre, curbing the rising sentiment of China's gasoline market. Taken together, it is expected that China's gasoline market will adjust flexibly 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, which will be the fifth 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.