Oil price adjustment, the 9th gasoline and diesel price adjustment in the year ended with a fall, from the analysis of institutional data, domestic gasoline and diesel prices fell by 70 yuan, equivalent to 92/95 gasoline prices fell by 0.05 ~ 0.07 yuan / liter!
After the oil price reduction, the price of gasoline and diesel during the year showed a trend of "5 up, 2 stranded and 2 down", the cumulative increase in gasoline and diesel prices during the year was 805 yuan/ton and 775 yuan/ton, which was equivalent to the increase in the price of 92 gasoline during the year at about 0.64 yuan/liter, according to the volume of 50 liters of private cars, filling up a tank of oil, compared with the beginning of the year still cost 32 yuan......
According to the analysis of the institution, on May 1, the domestic provinces and cities gas station 92 gasoline after the implementation of the level after the reduction, from the market feedback, the mainstream 92 gasoline prices in domestic provinces and cities remained at about 8.08 ~ 8.38 yuan / liter, of which, the price in Beijing is 8.19 yuan, the price in Shandong is 8.15 yuan, and the price in Shanxi is 8.13 yuan......
After the fall in oil prices, a new round of pricing cycle arrived, according to institutional data analysis, with reference to international oil prices, WTI crude oil 82.63 US dollars, Brent crude oil 88.4 US dollars, the first working day of this round of pricing cycle, the domestic crude oil change rate negative start, gasoline and diesel prices are estimated to fall by 5 yuan / ton, there is still a price difference of 45 yuan / ton from the downward adjustment, the 10th oil price stranding is expected to be stronger this year!
However, due to the easing of international geopolitical tensions, the Palestinian-Israeli issue may be expected to further ease, Israel and Hamas may have a ceasefire, the international crude oil market may be under pressure downward, in particular, the United States economic data is not good, the market is expected to restart the Federal Reserve to cut interest rates in the second half of the year is stronger again, the dollar market is weak, and the crude oil market may have a further downward trend!
However, as OPEC+ continues to cut production by 2.2 million barrels per day, and crude oil consumption is about to enter the peak of summer, therefore, oil prices still face many obstacles.
At the same time, in the domestic corn market, at present, the corn spot shows a weak and stable shock trend, the Northeast market purchase and sales double low situation highlighted, the mainstream enterprises in front of the average amount, the quotation continues to be weak and stable! Heijiliao and Inner Mongolia region, deep processing corn quotation in 1.075 ~ 1.185 yuan / catty!
In the North China market, recently, due to the weather and the approaching new wheat listing cycle, the amount of surplus grain at the grassroots level is relaxed, the channel inventory is high, and the amount of enterprises in front of the door is maintained at a high level, the deep processing just needs to be insufficient, and the price reduction mentality is strong, and the corn quotation in many places has reached a new low, and the inversion of the production and marketing market quotation is obvious, among them, the corn quotation of some enterprises in Shandong has fallen below 1.1 yuan / catty!
According to institutional analysis, at present, the corn market is facing the pressure of imbalance between purchase and sales, but the market is also facing short-term positive performance!
It is understood that due to the low price of corn in North China, the price of some deep processing in Shandong is much lower than that of Heilongjiang, the mentality of farmers to subscribe to the weakening, the mentality of traders to resist low prices to give grain has become stronger, the amount of corn in the circulation link has decreased, and the arrival volume of deep processing in Shandong has dropped to about 770 cars, and the listed prices of some enterprises have stopped falling and rising!
However, in many places in Hebei, deep processing quotations still have a downward trend, the market is more prominent, I personally believe that in the short term, the North China market is affected by the upper level, deep processing quotations or will maintain the trend of ups and downs, however, the fundamentals or will be weak!
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