Today, Tuesday, June 28, unknowingly, a new round of domestic refined oil price adjustment cycle lasting 10 working days has ended. At the same time, we will also usher in the 12th round of domestic oil price adjustment in 2022 tonight. Although the end of the price adjustment is approaching, international oil prices have rebounded under the influence of relevant good news. However, the international oil price that was linked to the early stage of the price adjustment cycle has fallen too sharply, so the countdown period has not been able to change the trend of this round of domestic oil price declines.
In other words, after 24:00 on June 28, 2022, the retail prices of various types of gasoline and diesel at gas stations will be substantially reduced. Therefore, the car owners who see this should pay attention. If you need to refuel, you may go to the gas station to refuel tomorrow. You can spend the same amount of money to add more fuel. By the way, you may wish to tell your relatives and friends.
In addition, analysis of the refined oil market, East China market main unit price: 92#9216-9365, -14/-24; 0#8415-8632, +0/-38. Market price: 92#9055-9200, -11/+0; 0#8265-8550, +30/+0. According to analysis, during the second half of the month, various sales units in East China are still under pressure from semi-annual task assessments. Today, most main business and social units in East China continue to weaken, with a reduction range of around 50-100 yuan/ton; overall, Look, the trading atmosphere in the market today is average, and we will continue to wait and see.
Looking at the market outlook, concerns about supply shortages have intensified, and international oil prices have closed sharply higher. The rise in the U.S. stock market has also supported the crude oil market sentiment. However, The Fed's interest rate hikes have triggered concerns about economic recession, which has suppressed the rise in oil prices. The short-term trend of international oil prices remains unchanged. unclear. In East China, seasonal constraints may become increasingly obvious, and demand expectations are expected to continue to be weak. Under the expectation, the price intentions of various sales units in the market have loosened, and they will continue to catch up with the previous volume. It is expected that the prices of major units in East China may continue to weaken tomorrow. trend.
main unit price in central China market: 92#9392-9650, -38/-51; 0#8550-8765, -25/-19/-45. Market price: 92# 9100-9350, -50; 0# 8400-8600, -50/-40/-90. According to analysis, some main business units did not complete their monthly sales tasks well at the end of the month, and there were price reduction promotions to rush for volume. In addition, the National Development and Reform Commission will implement the reduction in retail prices. Many mid-stream and downstream companies are cautiously waiting and watching, and procurement tends to be cautious. Market prices in the region continue to decline.
On the supply side, there has been little change. The Russia-Ukraine conflict continues to be a normal phenomenon, and other geopolitical risk points have not escalated further. On the demand side, the recent global interest rate hike atmosphere is still there, The Federal Reserve has expressed that it will continue to raise interest rates. Determination to curb inflation and concerns about weakening economic and demand prospects continue. Overall, it is expected that international oil prices may have downward potential today. There has been a lack of substantive good news in the market recently, and the enthusiasm of industry players to enter the market has declined, with purchases mainly for urgent needs. It is expected that the price of automobile diesel in central China will still have room to fall in the short term.
Main unit prices in the southwest market: 92#: 9350-9704, -10/-90; 0#: 8685-8940, -65/-40. Market price: 92#: 9100-9428, 0/-42; 0#: 8514-8910, -14/-120. Southwest's main gasoline and diesel stocks fell steadily today. From an analysis point of view, international crude oil rebounded last Friday, giving certain support to oil prices. However, the main monthly tasks are still in short supply, so promotion activities will continue. And with price adjustments approaching, downward adjustments are already a high probability event, and the middle and lower reaches are still focusing on replenishment. Despite the light market transactions, prices of main businesses and social units are still on a downward trend. Price reductions are expected to be significant, but the price of gasoline and diesel has fallen significantly in the short term. Affected by costs, there is limited room for prices to continue to fall. It is expected that gasoline prices will remain stable in the short term, while diesel prices will fall slightly.
Average price of main business units in Northeast China: 92#9762, -16; 0#8775, -20. Market price: 92#9369, 0; 0#8504, -13. From an analysis point of view, international crude oil rebounded at the close, showing positive support in the market. However, at the end of the month, some main operating units still had poor sales tasks, so they cut prices and promoted sales to increase volume. In terms of refineries, the middle and lower reaches have a strong bearish sentiment towards the market outlook, so they entered the market to take advantage of the situation. The enthusiasm for goods is not high, and the prices of gasoline and diesel have fallen slightly.On the whole, the international crude oil trend shows a volatile trend, and the guidance for the market is limited. The current supply and demand relationship dominates the market. The demand for gasoline and diesel in the Northeast region has gradually weakened. The terminal replenishment frequency and replenishment volume have declined, and the mid and downstream sectors have mostly maintained Waiting and watching, there is a strong bearish sentiment on the market outlook. It is expected that the price of gasoline and diesel from independent refineries in Northeast China may still fall tomorrow, with a drop of 30-50 yuan/ton.
Main unit price in northwest market: 92#9276-11349, -150; 0#8726-9845, -250. Market price: 92#8955-9250, +35/+70; 0#8600-8950, +80/+130. From an analysis point of view, the sales tasks of the main sales companies in the northwest region are generally completed, but high costs support it. Multi-dimensional stability is on the sidelines, and individual sales companies have reduced prices and promotions; the overall gasoline and diesel shipments of social units in the northwest are average, but crude oil prices rose over the weekend, and refineries in the east Prices pushed up, and the prices of gasoline and diesel followed suit. The new round of cumulative change rate of crude oil extends in a negative direction, and the refined oil market is bearish. The overall market demand for gasoline and diesel in the northwest region is average, and the price of gasoline and diesel will fall in the future.
Main unit price in South China market: 92#9268-9561, -125/0; 0#8518-8781, -34/0. Market price: 92# 9085-9135,-23/-18; 0# 8453-8477,-23/-12. According to analysis, some main businesses continued to cut prices and promote sales in order to meet monthly sales tasks, and the actual transaction prices of gasoline and diesel continued to fall. The market is mostly bearish, with purchases and consumption mainly for urgent needs. The global interest rate hike atmosphere is still there recently. The Federal Reserve has expressed its determination to continue to raise interest rates to curb inflation, and concerns about a weakening economic and demand outlook continue. Overall, it is expected that international oil prices may have downward potential today. Some main businesses are rushing to meet monthly tasks or continue to sell at low prices. It is expected that the price of gasoline and diesel will continue to fall tomorrow, with a drop of 50-100 yuan/ton.
Main unit price in North China market: 92#9240-10252, +50/0; 0#8496-8730, -50/+50. Market price: 92# 9018-9695, -118/0; 0# 8382-8650, -48/+100. From an analysis point of view, the opening decline of crude oil suppressed the mentality of mid- and downstream companies entering the market. Prices of local refineries in Shandong fell under pressure. The low prices of refineries suppressed the high-priced gasoline and diesel products of the main business. The monthly sales of the main business were poor and the shortage phenomenon was serious. In order to increase the volume, the price began to increase. Profit promotion, high transaction volume and low price. The market has a wait-and-see attitude. The immediate demand for gasoline is acceptable, while the demand for diesel is declining. However, the market is focused on bargain hunting. The market focuses mainly on crude oil prices, and there is the possibility of large orders being completed at any time.
Today is June 28. Finally, the author will take you to take a look at the retail prices of 92 and 95 gasoline after the latest national price adjustment on June 28, 2022. This is also the retail price limit of various types of gasoline and diesel in 31 provinces, cities and regions across the country today. The following prices are for reference only. For specific retail prices, please refer to actual transactions at local gas stations.
