SunSirs: China's Wholesale Gasoline and Diesel Prices Both Decline on December 25

On December 25, China's wholesale gasoline and diesel prices stood at 7,466 RMB/ton and 6,441 RMB/ton respectively.

China's wholesale gasoline and diesel prices indicate that both wholesale gasoline and diesel prices declined on December 25.

China's wholesale gasoline and diesel prices showed declines on December 25. The national average wholesale price for 92# gasoline was RMB 7,466 per ton, down RMB 5 per ton from the previous day. The average wholesale price for diesel (including low-pour-point diesel) was RMB 6,441 per ton, down RMB 8 per ton from the previous day.

From the overall market perspective, international crude oil futures closed lower on December 24, easing positive sentiment. Domestic end-user demand remained moderate, with limited improvement in market transactions. To stimulate shipments, transaction policies were generally flexible and responsive to market conditions.

By region: - Gasoline wholesale prices rose in Jilin, Shaanxi, Shanghai, Guangdong, and Tianjin; - Gasoline wholesale prices fell in Heilongjiang, Liaoning, Inner Mongolia, Sichuan, Chongqing, Jiangxi, Fujian, and Yunnan. - Diesel wholesale prices increased in Shaanxi and Tianjin; - Diesel wholesale prices decreased in Qinghai, Sichuan, Shandong, Jiangxi, Guangdong, Fujian, Hebei, Shanxi, Henan, and Yunnan. - Shandong independent refiners saw declines in both gasoline and diesel prices.

As an integrated internet platform providing benchmark prices, on December 26th, the benchmark price of gasoline according to SunSirs was 7175.20 RMB/ton, an increase of 0.81% compared to the beginning of the month (7117.60 RMB/ton).

Application of SunSirs Benchmark Pricing：

Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.