Gasoline (20230515): The market wait-and-see mentality still exists, and the purchasing and sales atmosphere is weak
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May 15, 2023, 5:32 PM Gasoline: the wait-and-see mentality of the market still exists, and the buying and selling atmosphere is weak.
International crude oil closed
|
Date |
Market |
Specifications |
Close (US dollars / barrel) |
Rise and fall |
|
20230512 |
America |
WTI |
70.04 |
-0.83 |
|
20230512 |
The United Kingdom |
Brent |
74.17 |
-0.81 |
Gasoline price index
On May 15, China's gasoline price index fell 12.44, or 0.14%, to 8758.31, while China's gasoline price index fell 12.10, or 0.13%, to 9057.47. 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 299.16.
Gasoline market analysis:
The wholesale price of gasoline in China fluctuates slightly today. Among them, gasoline prices in North China increased by 50 yuan per ton, while those in East and Southwest China and Northeast China decreased by 30-100 yuan per ton. gasoline prices in South China, Central China, Northwest China and Northeast China remained relatively stable. The ex-factory prices of georefining are rising and falling, focusing on the reduction of gasoline prices in Shandong Province and Northwest China, with a range of 10-50 yuan per ton, while increases in North and Central China are concentrated in 20-50 yuan per ton. The price of gasoline in East China and Northeast China and the discarded gasoline price in Northwest China are temporary. At present, the turnover in China's gasoline market is moderate, and some traders are restocking at bargains at the weekend, but the support on the demand side is limited, coupled with the fact that the downward adjustment window is about to open, the enthusiasm of operators to enter the market is not high. The shipment of refinery noodles is general, the preferential room for transaction is still there, and the willingness to raise the price is mediocre. On the whole, the market wait-and-see mentality still exists, and the buying and selling atmosphere is weak.
|
May 15 main wholesale price of gasoline (yuan / ton) |
||||
|
Area |
Gasoline model |
Price 5.12 |
Price 5.15 |
Rise and fall |
|
North China region |
92# |
8580-8950 |
8580-9000 |
0/50 |
|
95# |
8800-9250 |
8800-9300 |
0/50 |
|
|
South China |
92# |
8700-9100 |
8700-9100 |
0/0 |
|
95# |
8900-9400 |
8900-9400 |
0/0 |
|
|
Central China |
92# |
8600-9000 |
8600-9000 |
0/0 |
|
95# |
8750-9200 |
8750-9200 |
0/0 |
|
|
East China region |
92# |
8550-9000 |
8500-9000 |
-50/0 |
|
95# |
8750-9100 |
8700-9100 |
-50/0 |
|
|
Northwestern region |
92# |
8500-9650 |
8500-9650 |
0/0 |
|
95# |
8700-10450 |
8700-10450 |
0/0 |
|
|
Southwest China |
92# |
8750-9170 |
8700-9120 |
-50/-50 |
|
95# |
9000-9350 |
8900-9350 |
-100/0 |
|
|
Northeast China |
92# |
8580-8950 |
8550-8950 |
-30/0 |
|
95# |
8950-9400 |
8950-9400 |
0/0 |
|
|
The ex-factory price of gasoline refinery on May 15 (RMB / ton) |
||||
|
Area |
Gasoline model |
Price 5.12 |
Price 5.15 |
Rise and fall |
|
Shandong area |
92# |
8130-8450 |
8090-8440 |
-40/-10 |
|
95# |
8230-8620 |
8190-8600 |
-40/-20 |
|
|
North China region |
92# |
8190-8200 |
8210-8240 |
20/40 |
|
95# |
8290-8300 |
8310-8340 |
20/40 |
|
|
Central China |
92# |
8400-8400 |
8450-8450 |
50/50 |
|
95# |
8600-8600 |
8650-8650 |
50/50 |
|
|
East China region |
92# |
8450-8350 |
8450-8350 |
0/0 |
|
95# |
8400-8500 |
8400-8500 |
0/0 |
|
|
Northwestern region |
92# |
8100-8400 |
8050-8400 |
-50/0 |
|
95# |
8200-8600 |
8200-8600 |
0/0 |
|
|
Northeast China |
92# |
8650-8650 |
8650-8650 |
0/0 |
|
95# |
8850-8850 |
8850-8850 |
0/0 |
|
Future forecast
From the perspective of international crude oil, the increase in US crude oil inventories last week, coupled with the unresolved issue of the US debt ceiling, market worries about economic recession, continuous decline in international crude oil prices, and negative guidance on international crude oil news. From the point of view of demand, the current weather and temperature is rising, the frequency of vehicle air conditioning is increased, there is no long holiday support, the private car travel radius is limited, and there are no obvious favorable factors on the demand side. On the supply side, imports make considerable profits, while some mainly operate imports in small quantities, while exports show upside-down profits. Under the dual influence, the supply of resources in China is relatively abundant. The price adjustment of refined oil products will be lowered tomorrow (24:00, May 16), and refineries will most likely follow the downward revision of their quotations. On the whole, it is expected that there is room for price reduction 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 April 28, 2023, the prices of gasoline and diesel in China have been reduced by RMB160,155 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 April 28th, 2023, which will be the ninth 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 |
9655 |
8620 |
|
Tianjin |
9620 |
8585 |
|
Hebei Province |
9620 |
8585 |
|
Shanxi province |
9690 |
8640 |
|
Liaoning province |
9620 |
8585 |
|
Jilin Province |
9620 |
8585 |
|
Heilongjiang province |
9620 |
8585 |
|
Shanghai |
9635 |
8590 |
|
Jiangsu Province |
9675 |
8625 |
|
Zhejiang Province |
9675 |
8640 |
|
Anhui province |
9670 |
8635 |
|
Fujian Province |
9695 |
8650 |
|
Jiangxi province |
9675 |
8645 |
|
Shandong province |
9630 |
8595 |
|
Hubei province |
9645 |
8610 |
|
Hunan Province |
9685 |
8670 |
|
Henan province |
9640 |
8605 |
|
Hainan province |
9765 |
8720 |
|
Chongqing |
9835 |
8795 |
|
Guangdong province |
9700 |
8655 |
|
Guangxi Zhuang Autonomous region |
9765 |
8720 |
|
Ningxia Hui Autonomous region |
9625 |
8585 |
|
Gansu province |
9605 |
8605 |
|
Xinjiang Uygur Autonomous region |
9400 |
8480 |
|
II. Areas with one province and one price will not be implemented for the time being |
||
|
|
Gasoline (standard) |
Diesel oil (standard) |
|
Hohhot |
9635 |
8600 |
|
Chengdu city |
9840 |
8820 |
|
Guiyang city |
9800 |
8745 |
|
Kunming City |
9830 |
8775 |
|
Xi'an city |
9605 |
8595 |
|
Xining City |
9585 |
8630 |
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 8890 yuan and 7855 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.