Gasoline: the international crude oil is good to decline, and the demand for gasoline in China may be a good factor.
International crude oil closed
Date |
Market |
Specifications |
Close (US dollars / barrel) |
Rise and fall |
20230606 |
America |
WTI |
71.74 |
-0.41 |
20230606 |
The United Kingdom |
Brent |
76.29 |
-0.42 |
Gasoline price index
On June 7, China's gasoline price index fell 2.21, or 0.03%, to 8799.97, while China's gasoline price index fell 1.10, or 0.01%, to 9096.80. 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 295.72.
Gasoline market analysis:
Today, gasoline in various parts of China is mainly engaged in sorting out the price range in the wholesale price zone, but the low-end price of gasoline in southwest China has been reduced, with a range of 30 yuan / ton. The ex-factory price of geo-refinery was reduced in a narrow range, among which the price of gasoline in Shandong and North China was reduced by 10-40 yuan per ton. Gasoline prices in Central China, East China, Northwest China and Northeast China are stable. At present, the turnover of China's gasoline market is moderate, phased replenishment has come to an end, downstream on-demand procurement, a strong wait-and-see atmosphere. Refinery shipments in general, but less sales pressure at the beginning of the month, so the willingness to fall wide is not high, more than a small reduction to stimulate shipments. Overall, the market performance is mediocre.
June 7 main wholesale price of gasoline (yuan / ton) |
||||
Area |
Gasoline model |
Price 6.6 |
Price 6.7 |
Rise and fall |
North China region |
92# |
8650-9050 |
8650-9050 |
0/0 |
95# |
8870-9230 |
8870-9230 |
0/0 |
|
South China |
92# |
8750-9300 |
8750-9300 |
0/0 |
95# |
9000-9600 |
9000-9600 |
0/0 |
|
Central China |
92# |
8680-9050 |
8680-9050 |
0/0 |
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# |
8900-9180 |
8870-9180 |
-30/0 |
95# |
9200-9630 |
9200-9630 |
0/0 |
|
Northeast China |
92# |
8580-8800 |
8580-8800 |
0/0 |
95# |
8900-9300 |
8900-9300 |
0/0 |
June 7 gasoline refinery ex-factory price (yuan / ton) |
||||
Area |
Gasoline model |
Price 6.6 |
Price 6.7 |
Rise and fall |
Shandong area |
92# |
8400-8670 |
8390-8670 |
-10/0 |
95# |
8510-8840 |
8490-8840 |
-20/0 |
|
North China region |
92# |
8390-8470 |
8350-8470 |
-20/0 |
95# |
8490-8570 |
8450-8570 |
-40/0 |
|
Central China |
92# |
8800-8800 |
8800-8800 |
0/0 |
95# |
9000-9000 |
9000-9000 |
0/0 |
|
East China region |
92# |
8440-8550 |
8440-8550 |
0/0 |
95# |
8590-8700 |
8590-8700 |
0/0 |
|
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, due to the potential recession in the United States, China's economic growth has slowed, market worries about the economy outweigh the impact of the new production reduction plan, the positive mood of crude oil has been digested, and the international crude oil futures price has fallen. Crude oil has no favorable support. But in terms of demand, after the end of the college entrance examination, students ushered in a long-lost holiday, coupled with the existence of preferential policies for the college entrance examination in many scenic spots, the number of tourists may increase. In addition, at present, there is no significant price reduction intention in the refinery, so it is optimistic about the market expectation. Taken together, it is expected that there may be room for upward adjustment in China's gasoline market 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 sixth 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.