Oil prices were adjusted, and the "second fall" in gasoline and diesel prices during the year entered the countdown......
It is reported that in 2024, domestic oil prices will continue to rise, and in the past nearly 4 months, domestic gasoline and diesel prices have continued to rise, among them, gasoline has risen by 875 yuan/ton after the rise and fall deduction, and the cumulative increase in the price of No. 92 gasoline during the year has been more than 7 cents/liter.
It is understood that at present, the domestic gasoline and diesel price adjustment into the ninth round, in this round of pricing cycle of 10 working days, the crude oil rate of change continues to run negative fundamentals, from the market feedback, due to the international oil prices have fluctuated downward pressure, the first 5 working days of the current round of pricing cycle, the rate of change of crude oil in -2.12%, gasoline and diesel prices are estimated to fall by 90 yuan / ton, equivalent to the price of 92 gasoline is estimated to fall by about 0.09 yuan!
If the price of oil falls, gasoline and diesel prices may usher in the "second fall" during the year, however, there is still some time before the price adjustment, the price adjustment time appeared at 24 o'clock on April 29, and the decline in oil prices is still under certain pressure!
In particular, the international crude oil market is intertwined with long and short, although the atmosphere of geopolitical tension has been eased, but the risk has not been completely eliminated, superimposed, the oil-producing countries have reduced the average daily production capacity of oil by 2.2 million barrels, which also has a certain support for the market! However, due to the US inflationary pressure and the Federal Reserve interest rate cut or will be "difficult to deliver", this market or has a certain bearishness, in the short term, international oil prices or will maintain a high shock trend, rationally, at the end of the month, domestic gasoline and diesel prices still have a large probability of a slight decline!
Attached is the price of No. 92 gasoline at gas stations in various provinces and cities on April 24!
At the same time, in the domestic pig and egg market, the market trend is general, in the pig market, the pig price bullish mentality is strong, however, due to the poor consumption of good cash, pig prices are mainly weak and stable. In the egg market, the egg price is weak and stable, and the inventory pressure in the production and marketing market has eased slightly, but the downstream market has generally received goods, and the situation of the deadlock in purchase and sales has been realized!
Among them, in terms of live pigs, on April 24, the price of pigs in the three yuan was 14.98 yuan / kg, down 0.01 yuan from the previous month, the pig price was mainly stable and weak, Guangdong rose 0.1 yuan, and the sporadic quotations in many places in the north and south fell 0.05 ~ 0.1 yuan / kg, and the pig price sentiment was slightly deviated!
At present, the pig market rise is difficult to cash, on the one hand, due to the consumption follow-up has not yet appeared obvious improvement, the downstream wholesale market demand follow-up in general, slaughtering orders in general, low operating rate adjustment, the festival has not yet been cashed in, slaughtering enterprises before the holiday stocking has not yet started;
Therefore, under many factors, pig prices are weak and stable in stages, however, as the festival is approaching, the downstream slaughtering enterprises are gradually coming, it is expected that in the next 1~3 days, the operating rate of slaughtering enterprises is expected to rise slowly, and the sentiment of reluctance to sell at the breeding end may become stronger, and pig prices may appear to fluctuate and rise!
In the egg market, at present, the egg price is showing a sideways and stable trend, the egg price in the production area is stable at 3.33 yuan / catty, and the egg price in the sales area market is 3.36 yuan / catty!
On the one hand, the market is relatively smooth in all aspects of the market, and the pressure on production and marketing inventory has been slightly reduced; on the other hand, the overall demand follow-up is general, and the downstream market has not appeared to concentrate on the performance of buying and replenishing, in particular, the enthusiasm of food enterprises and wholesale markets is general!
However, due to the imminent festival, under the strong consumption expectations, it is expected that egg prices will still have a chance to rise for a short time!
On the one hand, the egg production capacity is at a high level, the egg price inventory level is high, and the production capacity of small-yard eggs is increased in stages, which has a certain pressure on the market;
Therefore, under the support of many factors, supported by the festival, egg prices may have a short-term opportunity to recover, however, due to the high difficulty of market stockpiling, supply pressure still exists, it is expected that the end of the month egg prices will have limited room to rise, and there is no lack of pressure to further weaken the market!