International: OPEC+'s position to reduce production has stabilized bottom support, but at the same time, the weak economic outlook curbs the upward action potential of oil prices. During the week, international crude oil first fell and then rose, with a rise point falling. It is expected that international oil prices will have a small room for growth next week, but positive news is still in a game.
Domestic: Due to the impact of the epidemic, demand is still poor and market transactions are weak. At present, diesel spot stocks are tight in most areas, and the wholesale side continues to control volume sales, and there is no sign of relaxation in market resources. It is expected that the main gasoline price will remain sluggish, and the price of diesel will continue to be strong. This week's summary and next week's forecast are as follows:
main business refined oil market
[South China: crude oil fluctuates downward, gasoline falls, diesel stable]
main business gasoline falls, diesel stable . The international crude oil rise point fell during the week, and the main business unit diesel is still mainly supply terminals and gas stations. still stops selling for intermediaries. Due to the impact of the epidemic and typhoons, gasoline demand has weakened and prices have continued to decline. Currently, the spot stock of diesel in the market is tight . Some units have raised limited quantities, and the price has reached wholesale price limits, mainly maintaining stability, and some are given priority to customers who purchase gasoline and diesel.
future market forecast: 's next round of retail price expectations are raised next week, diesel prices are on the rise, but gasoline is difficult to support demand, and will continue to be the main behavior. is expected to decline next week in the gasoline and diesel market, mainly diesel and diesel market .
[East China: Continue to weak gasoline and strong diesel]
main business gasoline prices continue to fall, and diesel prices are basically stable . During the week, the center of gravity of 92# gasoline trading in the East China market adjusted to around 8400-8950 yuan/ton, down 150 yuan/ton from last week; the center of gravity of diesel trading was adjusted to around 8770-8865 yuan/ton, basically the same as last week. The epidemic situation in some areas in East China is severe, gasoline demand is sluggish, gasoline shipments of main units are poor, and gasoline prices continue to fall; while diesel demand has certain support, and diesel prices remain near the price limit. main unit diesel resources are still limited to sales of , and the overall market transaction atmosphere is average.
future market forecast: In terms of gasoline, gasoline shipments are still showing weakness, the market mentality is relatively short, and the epidemic will still restrict demand in the short term. In terms of diesel, the wholesale end of diesel continues to control the volume and sell . There is no sign of relaxation in market resources. In addition, there is expectation of a new round of retail price increase. It is expected that the main gasoline price in East China will remain sluggish in the short term, and diesel prices will continue to be strong.
[ North China : The cost side continues to fall, and both gasoline and diesel fell]
main business price both gasoline and diesel fell . 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 gasoline prices continue to lower prices during the week, mainly shipments, diesel demand is stable, and the main sales policy is still mainly controlling volume, and the price is still in full-sale price. In terms of sales, mainly sells sales policies and controls volume. In some areas, gasoline and diesel sales are combined, and the overall market transactions are average.
local refineries all fell by . Affected by the decline in crude oil during the week, coupled with the impact of the epidemic, demand was set and gasoline fell significantly. Oil prices continued to fall during the week, diesel demand was still acceptable, and prices fell narrowly.
future market forecast: epidemic has repeatedly continued to restrict 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, the price of may be mainly stable, and rises with the implementation of price adjustment.
[Central China: Main business of gasoline fell and diesel rose, market purchase and sales were flat]
Central China (Hunan, Hubei, Jiangxi, Anhui) Price of refined oil Automobile fell and diesel rose , the supply of diesel resources in the district is still tightening , the main business of diesel prices basically maintains the price limit, some main business of promoting direct sales, some sales units are limited to control sales, and mid- and downstream users purchase on demand, and the overall purchase and sales atmosphere is dull.
future market forecast: next week, the price of refined oil in central China gasoline and diesel may rise, and the stocking cycle can be reasonably adjusted according to its own actual situation.
[ Southwest : Steady diesels are stable, the market transaction atmosphere is weak]
main business Steady diesels are stable; main business diesels are still restricted, the inventory of social units is low, and the overall diesel price performance is firm. In terms of transactions, the price decline affects the enthusiasm of the middle and lower reaches of the market, and the main demand for replenishment is the key, and the market trading is light.
future market forecast: In terms of supply, the refinery operating rate remains stable, the main inventory level is median, and the overall supply is stable; in terms of demand, gasoline demand is suppressed by the epidemic, the middle and lower reaches are cautious in entering the market, and the urgent need is mainly replenishment; diesel demand support is acceptable, resource supply is tight, main business continues to ensure supply restrictions ; next week, the new round of wholesale and retail price limit expectations are expected, and diesel price is expected to increase by 140 yuan/ton next week, and gasoline price remains stable.
Local refinery market
[Shandong refinery: first suppress and then rise, gasoline and diesel prices rise and fall]
Independent refinery gasoline and diesel prices rise and fall . Gasoline prices are under pressure and lower, while diesel prices are relatively strong. The main reason is that the main exports bring certain support to the oil market. The operators have a tight expectation of domestic resource supply in the future, and the mid- and downstream replenishment is appropriate, and the market transactions are mostly dominated by diesel.
in the future market, the lack of substantial positive effects, and the gasoline market in Shandong is difficult to effectively improve. The promotion of refineries is mainly based on emissions, and the gasoline price has fallen, with a drop of about 100 yuan/ton; the diesel market in Shandong is expected to remain firm, and the inventory of refineries in the district is under no pressure, and the intention to push prices remains. The diesel price first rises and then falls, and finally closes up 50 yuan/ton.
[Northwest refining: gasoline and diesel fell, market transactions are average]
main business gasoline and diesel stable . 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.
independent refineries both fell by . Ningxia area is restricted from loading due to epidemic prevention and control, and the shipment of diesel in refineries has been affected to a certain extent. The price of diesel has declined, but diesel is supported by urgent needs, and the price drop is limited.
future market forecast: is expected to increase retail price limit next week due to the National Development and Reform Commission's expectation of next week to realize the increase in retail price limit, is expected to maintain gasoline prices in the main unit next week, and diesel prices are steadily pushing up . Due to the average expectations of gasoline demand, the gasoline price in the northwest local refineries is expected to decline, with a drop of 50-100 yuan/ton; diesel is supported by urgent demand, and maintaining stability is the main focus.
