Gasoline Market Analysis

Gasoline price index

On January 6, the domestic 92# gasoline price index was 8477.24, an increase of 87.88 from yesterday, an increase of 1.06%; The domestic 95# gasoline price index was 8774.35, an increase of 84.53 from yesterday, an increase of 0.97%. The 92# gasoline index and the 95# gasoline index were both raised, and the price difference between the 92# gasoline and 95# gasoline index was 297.11.

Gasoline market analysis

Today's domestic gasoline wholesale prices rose steadily as a whole, with an increase of 50-200 yuan/ton, of which North China, Northwest China, Northeast China, and Southwest China were mostly low-end price adjustments, with an increase of 50-130 yuan/ton. The ex-factory price of local refining showed an upward trend, with a range of 30-150 yuan/ton. International oil prices have risen continuously recently, and the market is optimistic about the improvement of Asian demand prospects, coupled with the strong demand by the cooling. At present, the domestic gasoline market is hot, and the terminal is boosted by the demand during the Spring Festival, and the middle and low end purchase is based on rigid demand, and stocking before the holiday increases.

Forecast for the future market

In the international crude oil market, Asian demand is expected to improve, and the geopolitical situation is still easing. From the perspective of the domestic market, the cost side lacks a significant positive boost. The support of terminal rigid need is stable, and the market is driven by the Spring Festival. The industry entity has a stable mentality to enter the market, or wait for the opportunity to purchase. On the whole, it is expected that the domestic gasoline market price will continue to rise steadily in the short term.