Today is October 24, 2022. The window for adjustment of domestic refined oil prices will open tonight. The oil price is expected to increase by 0.16 yuan/liter. After this oil price adjustment, oil prices will be approaching the nine yuan era again. After this oil price adjustment, the situation of oil price adjustment this year has become a new situation. Everyone is ready!
Central China (Hunan, Hubei, Jiangxi, Anhui) refined oil prices fell and diesel rose. The market price of 92# gasoline last week was 8794 yuan/ton, down 123 yuan/ton compared with last week, a drop of 1.38%; the market price of 0# diesel was 8858 yuan/ton, up 2 yuan/ton from the previous year, and increased by 20.02%.
International oil prices fell one after another this cycle, and negative news guidance was given. In addition, the impact of the domestic epidemic continued, gasoline demand was still sluggish. The main gasoline prices in the district were under pressure and downward, the supply of diesel resources in the district remained tighter, the main diesel prices basically maintained price limits, some main businesses pushed up direct sales prices, some sales units controlled sales in limited quantities, and mid- and downstream users purchased on demand, and the overall purchase and sales atmosphere was flat.
International oil prices are showing a downward trend this cycle, and negative news is guided. refined oil in central China is mainly supplied on demand, and the main units in central China sell normal wholesale and sales. The main refineries and local refineries have stable loads. The progress of the main tasks of each province and city is different, and the price adjustments are differentiated.
At present, OPEC+'s position to reduce production has stabilized the bottom support, but at the same time, the weak economic outlook curbs the upward action energy of oil prices, and the probability of narrow range fluctuations is relatively high. It is expected that international oil prices will have a small room for growth, but positive and negative news is still in a game. Due to market demand and crude oil fluctuations, the main sales units in Central China are generally shipped, and the new round of retail price limit increases are expected. Therefore, it is expected that the prices of refined oil in Central China may have a rise in gasoline and diesel. It is recommended that the industry reasonably adjust the stocking cycle according to its actual situation.
Northwest main business of gasoline fell and diesel stable (92#9292, -53; 0#8794, 0). The epidemic prevention and control situation in many places in the northwest is severe, with terminal gasoline demand average, and gasoline shipments of main units in the northwest are average, with more storage storage, and prices are lowered. Due to the tight resource supply and low inventory pressure, diesel prices remain stable after rising to the limit.
Northwest independent refinery gasoline and diesel both fell (92#8319, -161; 0#8681, -86). The epidemic prevention and control in the northwest region is silently managed in many places, the demand for terminal gasoline is light, and gasoline shipments in local refineries are average, and gasoline prices are falling; Ningxia is restricted in loading of vehicles due to epidemic prevention and control, and diesel shipments in refineries have been affected to a certain extent, and diesel prices have declined, but diesel is supported by urgent demand, so the price drop is limited.
Analysis of market influencing factors: International oil prices are on a downward trend this cycle, and negative news is guided. The main refinery construction load in the northwest region remains stable, and there are no new maintenance plans in the near future; the maintenance of local refinery equipment in the northwest has been completed, and normal shipments are shipped, and refinery inventory is low. The overall market trading atmosphere is average, the sales in the middle and lower reaches are light, and the shipments in the refinery are average.
The future market is expected to have a small room for growth, but the positive and negative news is still in a game. Refined oil field: As the National Development and Reform Commission expects to realize the increase in retail price limits, it is expected that the price of gasoline in the main business units in the northwest will remain stable, and diesel prices will rise steadily. Due to the average expectations of gasoline demand, the gasoline price in local refineries in Northwest is expected to decline, with a drop of 50-100 yuan/ton; diesel is supported by urgent demand and maintains stability.
The main business prices in North China have both dropped (92#8706, -126; 0#8867, -15). At present, gasoline is affected by the epidemic, demand is still poor, market transactions are weak, coupled with the low price pressure of local refineries in surrounding Shandong, the main business is mainly engaged in gasoline prices, mainly shipping, diesel demand is stable, and the main business sales policy is still mainly controlling volume, and the price is still in full-sale price. In terms of sales, the main sales policy mainly controls volume, and the sales of gasoline and diesel in some areas are combined, and the overall market transactions are average.
local refineries both gas and diesel fell (92#8564, -120; 0#8600, -50). Affected by the decline in crude oil, coupled with the impact of the epidemic, demand has been set and gasoline has declined significantly. Oil prices continued to fall during the week, diesel demand is still acceptable, and prices fell narrowly.
Supply: There is no refinery maintenance in the area at present, the operating rate is stable, and the overall supply of the market is stable. In terms of shipment: the cost side continues to fall, suppressing the enthusiasm of operators to enter the market, gasoline demand is limited, market transactions are average, and diesel is still acceptable overall.
It is expected that international oil prices will have a small room for growth, but positive and negative news is still in a game. The epidemic has repeatedly restricted gasoline demand, and gasoline prices may continue to fall; in terms of diesel, the main business has no obvious intention to increase volume and there is an expectation of an increase in this round of price adjustment, and diesel prices may be mainly stable, and will rise with the implementation of price adjustment.
Finally, the author will take you to see the retail price limit of 92 and 95 gasoline nationwide after the price adjustment on October 24, 2022. This is also the retail price limit of various varieties of gasoline and diesel in 31 provinces and cities across the country today. The following prices are for reference only. Please refer to the actual transactions of local gas stations.
