国内成品油调价再度搁浅

Core Viewpoint - The domestic refined oil prices in China will remain unchanged for the fourth time this year due to insufficient adjustment margins based on recent international oil price fluctuations [1][2] Group 1: Current Price Adjustment - The new round of price adjustment window for domestic refined oil will open at 24:00 on August 12, 2023, but prices will not be adjusted [1] - The adjustment margin for this pricing cycle is only 5 yuan/ton, which is below the 50 yuan/ton threshold for price changes, leading to the price freeze [1] - Since the beginning of the year, there have been 16 adjustments in domestic refined oil retail prices, including 6 increases, 6 decreases, and 4 freezes, resulting in a cumulative decrease of 225 yuan/ton for standard gasoline and 215 yuan/ton for standard diesel [1] Group 2: Market Analysis and Future Expectations - Analysts from Zhuochuang Information indicate that the recent U.S. non-farm data fell short of expectations, coupled with ongoing concerns about economic recession and potential supply surplus due to OPEC+ production increases, leading to a weak trend in oil prices [1] - The next pricing cycle is expected to start with a negative change rate for crude oil, with an anticipated decrease of 180 yuan/ton for refined oil retail prices on the first day [2] - Global economic weakness and investor bearish sentiment, along with the possibility of increased production from Saudi Arabia, suggest that crude oil prices may continue to experience weak fluctuations and potential declines in the future [2]