Gasoline Market Analysis on April 29

International crude oil closes price

Gasoline price index

On April 29, the domestic 92# gasoline price index was 9292.22, down 34.48, or 0.37% decrease, and the domestic 95# gasoline price index was 9591.20, down 37.98, a decrease of 0.39%. The 92# gasoline index and the 95# gasoline index were both lowered, and the price difference between the 92# gasoline and 95# gasoline index was 298.98.

Gasoline market analysis

Today's domestic gasoline market is stable and weak, of which the price in East China and Southwest China is reduced by 50-200 yuan/ton, the high-end price in South China is reduced by 50 yuan/ton, the low-end price in North China and Northeast China is reduced by 30-40 yuan/ton, and the price in other regions is stable. The ex-factory price of local refining is stable and weak, the price of 92 gasoline in Shandong is reduced by 50-80 yuan/ton, the low-end price of gasoline in Northwest China is reduced by 50-100 yuan/ton, the price of gasoline in East China, North China and Central China is reduced by 40-90 yuan/ton, and the price in other regions is stable. At present, the domestic gasoline market is sluggish, the enthusiasm of the middle and downstream purchases is average, and the refinery shipment performance is not good.

Forecast for the future market

Hamas's statement of the ceasefire plan proposed by Israel and Egypt s was "no major problems". Hamas officials said that unless Israel erects new obstacles, the atmosphere is positive. There are signs of further easing of the geopolitical situation, and international crude oil prices may have room for correction in the short term. International crude oil closed up overnight, but the market buying and selling atmosphere is still weak, and the wait-and-see atmosphere still exists. At the end of the month, the pressure on the main units increased, and the middle and downstream of the market were mainly focus on rigid need, and more prices were reduced and delivered. There is still a demand for stocking before May Day, and gasoline prices are still supported. On the whole, it is expected that the domestic gasoline market will fluctuate in a narrow range in the short term.