Core Viewpoint - On August 8, 2023, wholesale prices for gasoline and diesel in China both declined, reflecting a bearish market sentiment influenced by falling international crude oil prices and stagnant domestic retail fuel price adjustments [1]. Price Trends - The average wholesale price for 92 gasoline was 8033 yuan per ton, down 7 yuan from the previous day [1]. - The average wholesale price for diesel (including low pour point) was 6916 yuan per ton, also down 7 yuan from the previous day [1]. Market Sentiment - The overall market atmosphere remained subdued, with operators adopting a wait-and-see approach and limited trading activity [1]. - The expectation of stagnant domestic retail fuel price adjustments contributed to the cautious market sentiment [1]. Regional Price Movements - Gasoline wholesale prices decreased in regions including Jilin, Gansu, Chongqing, Shanghai, Zhejiang, Jiangxi, Guangdong, Fujian, Hebei, and Guizhou [1]. - Diesel wholesale prices fell in regions such as Heilongjiang, Gansu, Inner Mongolia, Chongqing, Jiangsu, Zhejiang, Jiangxi, Fujian, Hebei, and Guizhou [1]. - In Shandong, local refinery gasoline prices saw a slight increase, while diesel prices experienced a minor decline [1]. Data Source - The price data is published by the Energy Big Data Laboratory of the China Economic Information Service and the Shanghai Petroleum and Natural Gas Exchange Center, based on wholesale price data collection from major operating units across the country [1].

Core Viewpoint - On August 1, 2023, China's wholesale prices for gasoline and diesel both declined, reflecting a weakening market sentiment due to falling international crude oil prices on July 31, 2023 [1] Price Changes - The average wholesale price of 92 gasoline was 8111 yuan per ton, down by 4 yuan from the previous day [1] - The average wholesale price of diesel (including low pour point) was 7016 yuan per ton, down by 7 yuan from the previous day [1] Market Sentiment - The overall market atmosphere was described as flat, with traders adopting a wait-and-see approach due to reduced supportive news from the international oil market [1] Regional Price Variations - Gasoline prices increased in Jilin, Jiangsu, and Hainan, while they decreased in Chongqing, Shandong, Shanghai, Zhejiang, Tianjin [1] - Diesel prices rose in Gansu, Qinghai, Sichuan, and Hainan, but fell in Inner Mongolia, Chongqing, Shandong, Shanghai, Zhejiang, Beijing, Tianjin, and Henan [1] - In Shandong, both gasoline and diesel prices saw significant declines [1] Data Source - The price data is published by the China Economic Information Agency and the China Petroleum Economic and Technical Research Institute, in collaboration with the Shanghai Petroleum and Natural Gas Exchange Center, providing an authoritative reflection of China's wholesale gasoline and diesel market [1]

Core Viewpoint - As of July 29, 2023, China's wholesale prices for gasoline and diesel have shown a slight increase, with average wholesale prices for 92 gasoline at 8060 yuan per ton and diesel at 6969 yuan per ton, reflecting a rise of 4 yuan and 8 yuan per ton respectively [1] Market Overview - The international crude oil futures prices increased on July 28, providing a positive market sentiment. However, downstream users are primarily focused on inventory digestion, leading to a cautious purchasing strategy characterized by small orders, resulting in a relatively subdued trading atmosphere [1] Regional Price Changes - Gasoline wholesale prices increased in regions including Inner Mongolia, Shandong, Shanghai, Zhejiang, Jiangxi, Guangdong, Fujian, Beijing, and Guangxi, while prices decreased in Sichuan, Jiangsu, and Hainan. Diesel prices rose in Shanghai, Fujian, Zhejiang, Jilin, Jiangsu, Shandong, Tianjin, Jiangxi, Inner Mongolia, and Guangdong, but fell in Qinghai, Xinjiang, Shaanxi, Sichuan, and Hainan [1] Data Source - The wholesale price data is published by the China Economic Information Agency and the China Petroleum Economic and Technological Research Institute's "Energy Big Data Laboratory," in collaboration with the Shanghai Petroleum and Natural Gas Trading Center. This data is based on the collection and calculation of wholesale price data from major operating units and social operating units (excluding refineries) across the country, serving as an authoritative reflection of China's gasoline and diesel wholesale market [1]