On August 2, the price trend of local refined diesel oil in Shandong rose sharply. The price of domestic 0# diesel was 8,110 RMB/ ton. The start-up of refinery units fell slightly, the production and marketing rate was good, and the price of diesel oil rose sharply. Recently, the main business units have increased significantly in diesel export orders this month. In addition to the national strategic reserve of diesel, Shandong local refinery has accepted the national inspection, and the commencement of the refinery has been subject to certain restrictions. In addition, under the comprehensive consideration of the "golden nine silver ten" of goods preparation by middle and downstream customers, they have taken the lead in starting the mode of raising prices and sparing sales. At the same time, they have also liberalized the diesel export plan, and the local refinery has been operating at a low inventory, which is expected to reduce the operating load in the future, with the main business unit pushing up poly, the transaction price of 0# diesel for national sixth automobile is 8,000-8,200 RMB/ ton. Recently, the demand for diesel oil has increased, and the price of diesel oil has risen sharply.

The settlement price of the main contract of WTI crude oil futures in the United States was $93.89 / barrel, down $4.73 or 4.8%; The settlement price of the main contract of Brent crude oil futures was $100.03 / barrel, down $3.94 or 3.8%. This is mainly due to the weak economic data in many countries and the concern about the expectation of demand recession, which affects the market mentality. In addition, the market is still waiting for the outcome of this week's OPEC meeting. Affected by supply and demand, diesel prices in China are expected to rise in the later period.

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