Core Viewpoint - On November 20, 2023, wholesale prices for gasoline and diesel in China experienced a decline, influenced by falling international crude oil prices and a subdued market atmosphere [1] Price Summary - The average wholesale price for 92 gasoline was 7502 yuan per ton, down 4 yuan from the previous day [1] - The average wholesale price for diesel (including low pour point) was 6676 yuan per ton, down 3 yuan from the previous day [1] Market Conditions - The international crude oil futures prices dropped on November 19, leading to a negative adjustment in the average price change rate of a basket of crude oils, creating a bearish market sentiment [1] - Market participants exhibited a cautious approach, resulting in a lackluster buying atmosphere [1] Regional Price Movements - In Shanghai and Henan, gasoline wholesale prices increased, while prices in Xinjiang, Shaanxi, Chongqing, Zhejiang, Jiangxi, Hebei, and Hubei saw declines [1] - Diesel wholesale prices rose in Gansu, Shanghai, Tianjin, and Henan, but fell in Xinjiang, Shaanxi, Sichuan, Chongqing, Zhejiang, Jiangxi, Hebei, Shanxi, and Hubei [1] - In Shandong, both gasoline and diesel prices experienced slight decreases [1] Data Source - The price data is published by the Energy Big Data Laboratory of the China Economic Information Service and the China Petroleum Economic and Technological Research Institute, reflecting the overall situation of the gasoline and diesel wholesale market in China [1]

Core Viewpoint - As of November 18, China's wholesale prices for gasoline and diesel show a trend of "stable gasoline and rising diesel," with the average wholesale price of 92 gasoline remaining at 7506 yuan/ton and diesel prices increasing by 3 yuan/ton to 6678 yuan/ton [1] Market Overview - On November 17, international crude oil futures prices declined, leading to a continued negative change rate for the average price of a basket of crude oil, which weakened market support [1] - Downstream market sentiment remains low, with a subdued purchasing atmosphere [1] Regional Price Changes - Gasoline wholesale prices increased in regions including Sichuan, Anhui, Jiangxi, Guangdong, and Shanxi, while prices decreased in Chongqing, Shandong, Shanghai, Hainan, and Tianjin [1] - Diesel wholesale prices rose in Heilongjiang, Jilin, Gansu, Sichuan, Anhui, Guangdong, Hebei, and Shanxi, but fell in Inner Mongolia, Chongqing, Shandong, Jiangxi, Hainan, Tianjin, Henan, and Guangxi [1] - In Shandong, both gasoline and diesel prices experienced slight declines [1] Data Source - The wholesale 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 Trading Center, reflecting the overall situation of China's gasoline and diesel wholesale market [1]

Core Viewpoint - On October 29, China's wholesale prices for gasoline and diesel both declined, reflecting a broader trend influenced by international oil prices and subdued downstream demand [1]. Price Changes - The average wholesale price for 92 gasoline was 7527 yuan per ton, down 24 yuan from the previous day [1]. - The average wholesale price for diesel (including low pour point) was 6535 yuan per ton, down 13 yuan from the previous day [1]. Market Conditions - On October 28, international crude oil futures prices experienced a significant drop, leading to a narrowing of the average price change rate for a basket of crude oils, with market sentiment leaning bearish [1]. - Downstream demand remained weak, resulting in a lackluster market trading atmosphere [1]. Regional Price Variations - In terms of regional pricing, gasoline wholesale prices increased in Inner Mongolia and Sichuan, while they decreased in Hunan, Henan, Heilongjiang, Beijing, Fujian, Jiangxi, Hubei, Jilin, Jiangsu, and Shanghai [1]. - Diesel wholesale prices saw increases in Xinjiang, Inner Mongolia, Sichuan, and Tianjin, but declines in Hunan, Zhejiang, Liaoning, Henan, Fujian, Jiangxi, Beijing, Jilin, Jiangsu, and Hebei [1]. Data Source - The wholesale price data is published by the China Economic Information Agency and the China Petroleum Economic and Technological Research Institute, in collaboration with the Shanghai Petroleum and Natural Gas Trading Center, providing an authoritative reflection of the overall situation in China's gasoline and diesel wholesale market [1].

Core Viewpoint - On October 15, 2023, wholesale prices for gasoline and diesel in China decreased, reflecting a negative trend influenced by international crude oil price fluctuations and limited terminal demand [1]. Price Changes - The average wholesale price of 92 gasoline was 7,744 yuan per ton, down by 17 yuan per ton from the previous day [1]. - The average wholesale price of diesel (including low pour point) was 6,661 yuan per ton, down by 12 yuan per ton from the previous day [1]. Market Conditions - The international crude oil futures prices fell on October 14, extending the negative price change rate for a basket of crude oils, which exerted downward pressure on the oil market [1]. - Overall terminal demand showed limited improvement, and the purchasing atmosphere remained generally weak [1]. Regional Price Variations - Gasoline wholesale prices decreased in regions including Shaanxi, Heilongjiang, Fujian, Beijing, Chongqing, Shandong, Zhejiang, Tianjin, Shanghai, and Sichuan [1]. - Diesel wholesale prices increased in Inner Mongolia, Shanghai, and Jiangxi, while they decreased in Hebei, Guangxi, Fujian, Shanxi, Guangdong, Beijing, Hubei, Sichuan, Chongqing, and Anhui [1]. - In Shandong, both gasoline and diesel prices fell [1]. Data Source - The wholesale price data is 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, excluding refineries [1].

Core Insights - On September 4, 2023, China's wholesale prices for gasoline and diesel both declined, with average wholesale prices for 92 gasoline at 7903 yuan/ton (down 5 yuan/ton) and diesel at 6797 yuan/ton (down 8 yuan/ton) [1] Market Overview - The decline in wholesale prices is attributed to a drop in international crude oil futures prices on September 3, leading to a narrowing of the average price change rate for a basket of crude oils, indicating a bearish market sentiment [1] - Market participants are adopting a cautious approach, resulting in limited transaction volume [1] Regional Price Changes - Gasoline prices increased in Hainan, while they decreased in Inner Mongolia, Shaanxi, Shandong, Anhui, Shanghai, Jiangxi, Fujian, Hebei, Shanxi, and Henan [1] - Diesel prices also rose in Hainan, but fell in Shaanxi, Fujian, Hebei, Shanghai, Beijing, Henan, Jiangxi, Shanxi, Tianjin, and Shandong [1] - In Shandong's independent refineries, gasoline prices slightly decreased, while diesel prices saw a more significant drop [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 Viewpoint - The wholesale prices of gasoline and diesel in China have decreased as of August 7, 2023, reflecting a bearish market influenced by falling international crude oil prices and a cautious purchasing atmosphere among mid-to-downstream operators [1]. Price Summary - The average wholesale price of 92 gasoline is 8040 yuan per ton, down by 15 yuan per ton from the previous day [1]. - The average wholesale price of diesel (including low pour point) is 6923 yuan per ton, down by 19 yuan per ton from the previous day [1]. Market Conditions - On August 6, international crude oil futures prices continued to decline, contributing to a negative market sentiment [1]. - There is a prevailing cautious attitude among mid-to-downstream operators, leading to weak purchasing and sales activities [1]. Regional Price Movements - Gasoline wholesale prices have decreased in regions including Yunnan, Fujian, Hebei, Chongqing, Jilin, Guangxi, Zhejiang, Henan, Inner Mongolia, and Gansu [1]. - Diesel wholesale prices have also fallen in Yunnan, Hebei, Fujian, Chongqing, Guangxi, Shandong, Zhejiang, Jiangsu, Anhui, and Jilin [1]. - In Shandong, local refinery prices for both gasoline and diesel have seen a slight increase [1]. Data Source - The wholesale 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 data collection from major operating units and social operating units (excluding refineries) across the country [1].