Core Viewpoint - On August 14, 2023, wholesale prices for gasoline and diesel in China both declined, reflecting a bearish market sentiment influenced by falling international crude oil prices [1] Price Summary - The average wholesale price for 92 gasoline was 7990 yuan per ton, down 14 yuan from the previous day [1] - The average wholesale price for diesel (including low pour point) was 6875 yuan per ton, down 12 yuan from the previous day [1] Market Sentiment - The overall market sentiment remains cautious, with many market participants adopting a wait-and-see approach, leading to a lack of improvement in trading activity [1] Regional Price Movements - Gasoline wholesale prices decreased in regions including Hunan, Yunnan, Shaanxi, Guangdong, Henan, Sichuan, Hubei, Shanghai, Jiangsu, and Zhejiang [1] - Diesel wholesale prices increased in Shaanxi and Chongqing, while they decreased in Hunan, Beijing, Yunnan, Anhui, Jiangsu, Sichuan, Zhejiang, Gansu, Guangdong, and Jiangxi [1] - In Shandong, both gasoline and diesel prices experienced slight declines [1] Data Source - The price data is published by the Energy Big Data Laboratory of the China Economic Information Agency and the Shanghai Petroleum and Natural Gas Exchange Center, based on wholesale price data collection from major operating units across the country [1]

Core Insights - The wholesale prices of gasoline and diesel in China have both decreased as of August 12, with 92 gasoline averaging 8013 yuan per ton, down 12 yuan from the previous day, and diesel averaging 6895 yuan per ton, down 11 yuan from the previous day [1] Market Overview - On August 11, international crude oil futures prices saw a slight increase, but domestic refined oil retail price adjustments were suspended, leading to a lack of effective market support [1] - The overall market sentiment is cautious, with a weak purchasing atmosphere [1] Regional Price Changes - Gasoline wholesale prices increased in Jilin, while they decreased in Hainan, Shanxi, Sichuan, Shanghai, Fujian, Guangdong, Hubei, Guangxi, Anhui, and Jiangxi [1] - Diesel wholesale prices fell in Sichuan, Hainan, Shanghai, Guangdong, Jiangxi, Guangxi, Anhui, Henan, Shanxi, and Heilongjiang [1] - In Shandong, local refinery gasoline prices slightly decreased while diesel prices slightly increased [1] Data Source - The gasoline and diesel wholesale prices are published by the China Economic Information Agency and the China Petroleum Economic and Technological Research Institute, based on data collection from major operating units and social operating units across the country [1]

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].

Group 1 - The average price change rate of a basket of crude oil was reported at 4.49% on August 1 [1] - According to the Oil Price Management Measures, domestic gasoline and diesel prices are adjusted based on international crude oil price changes every 10 working days, with the adjustment taking effect at 24:00 on the announcement date [3] - The adjustment window for this pricing cycle will open at 24:00 on August 12, marking the fourth working day of the current pricing cycle on August 4 [3]

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]