CEInet News: There is a high probability of an increase in the retail price limit of finished oil products in this period, but the expected increase is expected to narrow.
Zhuochuang Information Analysis stated that during this round of retail price adjustment cycle for refined oil products, the international crude oil prices have shown narrow range fluctuations overall, with a downward trend in the average value. The rate of change of crude oil has significantly dropped from a high level at the beginning of the cycle. There is a high probability of a price increase in retail prices of refined oil products in this cycle, but the expected increase is expected to narrow. According to Zhuochuang Information's data monitoring model, as of the market closing on November 6th, the rate of change of the reference crude oil for the 9th working day in China is 3.12%. It is estimated that the price of gasoline and diesel will increase by 135 yuan/ton, with an increase of 0.11 yuan for 92# gasoline, 95# gasoline, and 0# diesel. Since there is still one more working day before the pricing window opens, the expected price increase may further narrow. The pricing window will open at 24:00 on November 10th.
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