The market price of refined oil is basically stable this week (January 13-19)

1、 Price data

 

According to the price monitoring of the business agency, the price of gasoline and diesel is basically stable this week. The price of domestic gasoline is 6506 yuan / ton, 0.43% lower than that of last week; the price of domestic diesel is 6160 yuan / ton, 1.02% lower than that of last week.

 

sodium metabisulfite industrial grade

2、 Analysis of influencing factors

 

Product: international crude oil fell slightly this week. At present, the price adjustment of domestic refined oil on February 1 is expected to decrease by 160 yuan / ton. However, with the support of Spring Festival holiday demand, the market price of refined oil is basically stable.

 

Industry chain: EIA’s monthly report shows that the risk of major threat to oil supply seems to have subsided, and the oil production of non OPEC member countries is growing strongly, and the crude oil production of OPEC 1 is 700000 barrels / day higher than expected. The bad news of international crude oil market is constantly coming out. This week, the overall international oil price fell in shock, WTI crude oil price fell 0.47% in the week.

 

sodium bisulphate

Market: last week, due to the sharp rise in crude oil, the price of gasoline and diesel rose to a staged high. In this week, with the international oil price falling, the wait-and-see mood of downstream operators continued to be strong, and the overall performance of market transactions was average. However, due to the approaching of the Spring Festival holiday, the demand support of the refined oil market and the opening of replenishment operations by upstream and downstream operators, the market turnover has improved significantly. This week, the domestic refined oil market is mainly stable.

 

3、 Future forecast

 

Lu Xingjun, an oil product analyst with business club, believes that although the price drop in the international crude oil market is lower than before, the market performance is relatively weak. The oil product market is supported by the market demand during the Spring Festival holiday. It is expected that the market price of refined oil will be stable next week.

http://www.ferrousfumarate.net

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>