April is coming to an end, in the domestic pig and gasoline and diesel markets, recently, farmers and car owners have paid more attention to the changes in the market. In the pig market, affected by the holiday factor, the breeding end of the bullish pig price sentiment is strong, however, in the last two days, the pig price performance is less than expected, the market shows a sideways weak trend! In the refined oil market, a new round of oil price adjustment is imminent, the second oil price drop in the year or will enter the countdown, so, what happened to the market? The specific analysis is as follows:
Pig market: After the Qingming holiday, pig prices showed a narrow range of shocks, and the price trend was slightly weak, but due to the bullish mentality on the breeding side, the pig production capacity was accelerated, and the bottom support of pig prices still existed, and the average price was sideways at 15 yuan/kg!
At present, the pig market presents a dilemma, on the one hand, near the end of the month, the market is expected to be strong for the good realization of consumer demand, in particular, affected by the holiday factors, slaughtering enterprises or have the demand for centralized stocking, the breeding end has more shrinkage and price operations, the stage of pig prices "easy to rise and difficult to fall" The situation is highlighted;
According to data analysis, the price of pigs is expected to fall by 0.02 yuan on April 25, and the price of slaughtering enterprises is 14.96 yuan / kg.
However, from a rational point of view, with the gradual warming of the festival atmosphere, the gradual realization of market consumption, the enthusiasm of the breeding end of the price is heating up, and the pig price still has room for a narrow rise!
Refined oil market: oil prices adjusted, up 7 cents and down 6 points......
It is reported that in 2024, the domestic refined oil market will be affected by the rise of international oil prices against the trend, and the price of WTI crude oil will rise from 70.5 US dollars / barrel at the beginning of the year to 83.4 US dollars / barrel in stages, and the international oil price will rise by 18.3% during the year, and the domestic refined oil market will show a situation of rapid progress!
According to data analysis, up to now, after the domestic gasoline and diesel prices rose and fell and discounted, the prices of gasoline and diesel rose by 875 yuan/ton and 845 yuan/ton respectively. In Shandong, the local No. 92 gasoline gas station summary quotation from 7.51 yuan / liter, rose to 8.21 yuan / liter in stages, the oil price rose by 7 cents / liter during the year, according to the volume of 50 liters of private cars, people fill up a tank of oil during the year, it is estimated to spend 35 yuan more!
Entering a new round of pricing cycle, due to the rise and fall of international oil prices, the price of U.S. oil has fallen from the previous 86.91 US dollars / barrel to the current 83.4 US dollars / barrel, and the domestic crude oil change rate has shown a negative trend!
According to data analysis, as of the first 6 working days of this round of pricing cycle, the rate of change of crude oil was -1.9%, equivalent to the price of gasoline and diesel fell by 85 yuan/ton, and the decline narrowed by 5 yuan/ton, referring to international oil prices, WTI crude oil prices were at 83.36 US dollars / barrel, and Brent crude oil prices were 88.42 US dollars / barrel, equivalent to the price of No. 92 gasoline is estimated to fall by about 6-8 cents!
According to institutional analysis, international oil prices rose against the trend overnight, with U.S. oil rising 1.78% and cloth oil up 1.63%, which is mainly due to the weak manufacturing economic data in the United States or will promote the market's expectations for the Federal Reserve to cut interest rates.
Affected by the high level of international oil prices, although the domestic oil prices continue to "press the line" downward trend, but the final price can be smoothly lowered is still facing certain risks! The author will also continue to pay attention to the changes in the market, and make a timely prediction for everyone, a new round of gasoline and diesel price adjustment will be adjusted at 24 o'clock on April 29, 2024!
Attached is the price of No. 92/No. 95 gasoline at gas stations in various provinces and cities across the country on April 25
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