pandoraarcade| The refined oil market is picking up: local refining and shipping transactions have improved, and prices have rebounded slightly

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Refined oil market trends: Local refining and shipping transactions are picking up

with crude oil pricespandoraarcadeWith the decline in demand for gasoline and diesel, the shipping price of 92 #gasoline and diesel from Shandong Di Refining continued to fall in May, falling to 8450 yuan/ton and 7100 yuan/ton respectively. However, the recent loss in refining profits of refineries has caused the price of gasoline and diesel ship orders to touch the psychological expectations of the operators, causing the mentality of main units and downstream customers to change. They began to adopt a bargain hunting strategy. This change has promoted the shipping market. Trading conditions have improved.

The shift in market sentiment has caused the shipping prices of 92 #gasoline and diesel to rise. As of May 22, the shipping price of 92 #gasoline has rebounded to 8550 yuan/ton, and the price of diesel has also risen slightly to 7200 yuan/ton, showing a positive change in market mentality.