1、 Price data
Trend chart of average price of domestic 93# gasoline distribution
Trend chart of domestic 0 × diesel distribution average price
| Thiourea dioxide |
According to the price monitoring of the business agency, the price of gasoline and diesel fell sharply this week. The price of domestic gasoline was 5202 yuan / ton, down 9.99% compared with that of last week; the price of domestic diesel was 5389 yuan / ton, down 8.29% compared with that of last week.
2、 Analysis of influencing factors
Products: crude oil futures prices continue to fall sharply, the product oil market is passive, the demand brought by the resumption of domestic enterprises has no obvious boosting effect, and the product oil market price is dragged down by crude oil prices.
Industrial chain: since the OPEC + conference, Saudi Arabia has been releasing the news of a substantial increase in production, and Russia has actively responded to the war to increase production. Although U.S. President trump said that he would intervene in the oil price dispute between Saudi Arabia and Russia at the right time, and the international oil price rebounded in retaliation, as of 15:00 on the 20th, WTI crude oil price was 27.5 US dollars / barrel, and WTI crude oil futures still fell 16%.
| Thiourea |
Market: at 24:00 on the 17th, the price of domestic gas and diesel oil dropped by 1015 yuan and 975 yuan per ton respectively, the biggest drop in a decade, and fell to the floor price. Although the domestic situation has further improved, the demand for gasoline and diesel has gradually increased, and the demand just increased, but the drop in crude oil has dragged down, and the intermediate traders and downstream customers mainly spend more time waiting, while the purchase and stock up operations have decreased. In the context of the sharp decline in crude oil, the price of domestic refined oil market is mainly declining.
3、 Future forecast
Lu Xingjun, an analyst of refined oil products of business association, believes that: Although crude oil rebounds substantially, global crude oil demand is still shrinking, and the oil price war between Saudi Arabia and Russia has no turning point at present, and the market of refined oil is in a strong wait-and-see mood, and it is expected that the market price of refined oil will maintain a low operation in the near future.
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