Core Viewpoint - The wholesale prices of gasoline and diesel in China have increased compared to pre-Spring Festival levels, indicating a potential upward trend in fuel costs in the market [1]. Price Changes - As of February 24, the average wholesale price of 92 gasoline is 7,515 yuan per ton, which is an increase of 64 yuan per ton compared to February 14 [1]. - The average wholesale price of diesel (including low pour point) is 6,084 yuan per ton, up by 18 yuan per ton from February 14 [1]. Market Conditions - On February 23, international crude oil futures prices experienced a slight decline; however, the domestic retail price adjustment window for refined oil is set to open on February 24, suggesting continued positive market support [1]. - The market atmosphere for purchasing and selling is subdued due to the impact of the Spring Festival holiday [1]. Regional Price Variations - Gasoline wholesale prices have increased in regions such as Shaanxi, Sichuan, Hebei, Shanxi, Gansu, Hubei, Guangdong, Chongqing, Liaoning, and Beijing, while prices in Inner Mongolia have decreased [1]. - Diesel wholesale prices have risen in Hubei, Shanghai, Jiangxi, Shaanxi, Jiangsu, Guizhou, Gansu, Zhejiang, Fujian, and Anhui, but have fallen in Heilongjiang, Jilin, Xinjiang, Ningxia, Hainan, Shanxi, Yunnan, and Guangxi [1]. - In Shandong, both gasoline and diesel prices have decreased [1]. Data Source - The price data is published by the China Economic Information Agency and the China Petroleum Economic and Technical Research Institute's "Energy Big Data Laboratory," in collaboration with the Shanghai Petroleum and Natural Gas Trading Center, reflecting the overall situation of China's gasoline and diesel wholesale market [1].

Core Insights - On November 17, 2023, China's wholesale prices for gasoline and diesel both increased, with the average wholesale price for 92 gasoline at 7506 yuan per ton, up 4 yuan per ton from November 14, and diesel (including low pour point) at 6675 yuan per ton, up 10 yuan per ton from November 14 [1] Market Overview - The increase in wholesale prices is supported by a rise in international crude oil futures prices on November 14, although the domestic retail price of refined oil is still expected to decrease, leading to a cautious market sentiment among downstream operators [1] - The overall purchasing atmosphere remains stable and subdued [1] Regional Price Changes - Gasoline wholesale prices increased in regions including Jilin, Shanghai, Zhejiang, Guangdong, Hebei, Henan, and Guangxi, while prices decreased in Inner Mongolia, Shandong, Anhui, and Hainan [1] - Diesel wholesale prices rose in regions such as Shaanxi, Heilongjiang, Tianjin, Guangdong, Jilin, Hebei, Shanghai, Liaoning, Henan, and Zhejiang, but fell in Ningxia, Anhui, Jiangxi, Hainan, Beijing, and Guizhou [1] - In Shandong's independent refineries, gasoline prices slightly decreased while diesel prices slightly increased [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, reflecting the overall situation of China's gasoline and diesel wholesale market [1]

Core Insights - On November 10, 2023, China's wholesale prices for gasoline and diesel both increased, with the average wholesale price for 92 gasoline at 7487 yuan per ton, up 9 yuan per ton from November 7, and diesel at 6604 yuan per ton, up 53 yuan per ton from the same date [1] Market Overview - The rise in prices is attributed to the dual support of increasing international crude oil prices and the opening of the domestic refined oil retail price adjustment window, leading to heightened bullish sentiment in the market [1] - Despite the positive price movements, downstream demand remains weak, resulting in a cautious attitude among market participants and limited trading activity [1] Regional Price Changes - Gasoline wholesale prices increased in regions including Qinghai, Shaanxi, Sichuan, Guangdong, Fujian, Hubei, and Guizhou, while prices decreased in Jilin, Liaoning, Anhui, and Zhejiang [1] - Diesel wholesale prices rose in multiple regions such as Qinghai, Inner Mongolia, Shaanxi, Sichuan, Chongqing, Anhui, Jiangsu, Shanghai, Zhejiang, Guangdong, Fujian, Beijing, Tianjin, Hebei, Shanxi, Hubei, and Guizhou, with a decline noted in Ningxia [1] - In Shandong, local refinery prices for gasoline saw a slight increase, while diesel prices also rose [1] Data Source - The price data is published by the Energy Big Data Laboratory of the China Economic Information Agency and the China Petroleum Economic and Technical Research Institute, in collaboration with the Shanghai Petroleum and Natural Gas Trading Center, reflecting the overall situation of China's gasoline and diesel wholesale market [1]