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Oil price decline notice, at 24 o'clock on April 29, the 9th oil price adjustment in 2024 will end with a downward adjustment.
According to the analysis of the agency, in accordance with the domestic gasoline and diesel price management measures, this round of refined oil price adjustment from April 17 ~ April 29, tonight at 24 o'clock, oil prices are adjusted according to the rate of change of crude oil in this cycle.
Due to the current cycle, international oil prices rose and fell, although, in the past two days, the crude oil market by the decline in U.S. crude oil inventories and the U.S. economic downturn concerns, WTI crude oil and Brent crude oil showed a continuous upward trend, however, the cycle of crude oil prices are still weak!
According to the data, referring to the U.S. oil price of 83.85 US dollars on April 26, Brent crude oil 89.5 US dollars / barrel, on April 29, the 10th working day of this round of pricing cycle, the crude oil change rate or will remain at about -2.09%, gasoline and diesel prices are estimated to fall by 90 yuan / ton, corresponding to 92 / 95 gasoline and No. 0 diesel prices are estimated to fall by 0.07 yuan / liter, 0.07 yuan / liter and 0.08 yuan / liter, the second oil price drop in the year is about to be cashed!
This round of falling oil prices has landed, which will also end the trend of rising oil prices this month, according to the 50-liter volume of private cars, it is estimated that it will cost 3.5 yuan less to fill up a tank of fuel!
Judging from market feedback, at 24 o'clock in the evening of April 29, the 92 gasoline at gas stations in various provinces and cities in China will be lowered, among them, the average price of 92 gasoline in Beijing may fall back to about 8.18 yuan / liter, and the price of 92 gasoline in Shandong will fall back to about 8.14 yuan / liter......
At the same time, in the domestic pig and egg market, at present, pig prices are under pressure, the market maintains a downward trend, and there is a certain increase in the purchase and sale of the stage, and it is difficult to usher in a substantial rebound in pig prices before the holiday. In the egg market, the purchase and sale are relatively smooth, the pressure on egg supply still exists, and the egg price remains weak and stable!
In the egg market, from the analysis of institutional data, the purchase and sale of domestic eggs are relatively sluggish, and the price remains weak and stable, among them, the average price of eggs in the production area is 3.35 yuan / catty, and the average price of eggs in the market is 3.37 yuan / catty, and the price of the sales area has warmed up slightly, but the increase is relatively limited. From the author's hometown, at present, in southwest Shandong, the price of ordinary brown shell eggs in local rural markets is 3.4 yuan / catty, and the egg price is at a low level!
On the one hand, the demand for follow-up is not good, the pre-holiday downstream market stocking demand is less than expected, affected by the weakening weather and precipitation, the risk of mildew in egg storage is higher, traders and food companies lack the mentality of buying the bottom, the market purchase and sales sentiment is general, the pre-holiday stocking is limited, only some farmers have a high price mentality for the market has a certain support;
On the other hand, the egg supply pattern is sufficient, by the number of laying hens this month, the number of old chickens eliminated is limited, the supply of small eggs in the market increases, the pressure on egg inventory in all aspects of production and marketing is greater, and the number of days of inventory in many circulation links is about 2 days, and there is a certain phenomenon of price reduction and promotion in the circulation link, which further suppresses the market!
Therefore, based on many factors in the market, the egg market is under pressure, the price rebound support is insufficient, in the short term, the market or will maintain a weak and stable situation, the price will still be at the bottom, by the festival, the demand to follow up and improve, the short-term egg price or have the opportunity to pick up, however, after the holiday consumption support weakened, the market supply pressure is higher, and the egg price still has the risk of a downward trend!
In the pig market, approaching May Day, pig prices staged the curse of "falling every festival", and the logic supporting the downward trend of pig prices is as follows:
On the one hand, consumption is under pressure! Due to the high temperature and humid environment, residents' demand for pork consumption has deteriorated, and due to the change of consumption habits and the low prices of substitute poultry, eggs, beef and mutton, pork consumption capacity is insufficient, and the market has a strong resistance to fat pork!
On the other hand, due to the lack of consumption expectations, the market bearish May pig price prospects, the breeding end of the pre-holiday price is difficult to cash, the market panic mentality is heating up, in particular, the stage of retail households, group pig enterprises and secondary fattening, large pigs have a centralized slaughter "runaway" operation, the north and south regions, the supply of live pigs is loose, slaughtering enterprises to sell production, the difficulty of procurement is weak, the market purchase and sales of both increase situation, supply pressure is still obvious!
Therefore, under the pressure of many factors, pig prices fell under pressure, according to data analysis, on April 29, the price of pigs remained at 14.73 yuan / kg, down 0.03 yuan from yesterday, and pig prices continued to be stable and weak! However, from the zoning point of view, the decline in pig prices has gradually narrowed, and the market still has the opportunity to rebound, in particular, the festival is approaching, the operating rate of slaughtering enterprises has surged, and the rigid demand for pig procurement may be increased.