August 27 news
Based on the latest gasoline spot average price data as of August 26, 2026, using the mean difference method to analyze: the current gasoline price is in a deep correction phase within a volatile range, with a short-term trend that is bearish; the price is at a high level for both the 60-day and 3-month periods, and at a medium-high level for the 1-year period, with limited overall upside potential; the recent continuous decline in international crude oil prices has weakened the cost support, and it is necessary to continuously monitor the impact of geopolitical conflicts on the supply side.
I. Table of Mean Difference Changes
| Average Difference Type | Value (CNY/ton) on 2026-08-26 | Value (CNY/ton) on 2026-08-25 | Direction of Change |
|---|---|---|---|
| 5-day Average Difference | 25.72 | 26.86 | - |
| 10-day Average Difference | 112.80 | 150.43 | - |
| 20-day Average Difference | 190.82 | 170.59 | + |
Note: The latest available data is up to August 26, 2026. It is recommended to refer to real-time data.
II. Signal Status and Trend Conclusions
Signal Status Judgment: The current combination of changes in the three indicators compared to the previous day is (-, -, +), which constitutes a deep pullback signal (bearish, with a corrective nature).
Trend Direction Conclusion: The current trend in gasoline prices is fluctuating. The reason is that the directions of the three moving averages have not fully aligned, which does not meet the criteria for a clear upward or downward trend. In the short term, it is in a correction phase, with a bearish trend.
III. Reference for Price Levels and Upside/Downside Potential
Divided into 5 gear positions:
The 60-day period price is in the 5th tier (high level), with limited room for further increases.
The 3-month cycle price is in the 5th tier (high level), with limited room for further increases.
1 year cycle price is in the 4th tier (mid-high), with some room for downward adjustment.
IV. Recent Fundamentals and Developments
Cost Side: On August 25, international crude oil futures closed sharply lower. The settlement price for the October contract of U.S. WTI crude oil futures was reported at $82.36 per barrel, a price decrease of 3.1%; the settlement price for the November contract of Brent crude oil futures was reported at $87.27 per barrel, a price decrease of 3.6%. The two-day consecutive decline has weakened support for gasoline costs.
Spot market: On August 26, the price range for 92# gasoline from refineries in the northeastern region of China was 9,000-9,100 CNY/ton, and for 95# gasoline it was 9,100-9,200 CNY/ton, with prices increasing; gasoline prices from refineries in the northwestern region of China remained stable, with quotes roughly equal to those in the northeastern region.
On the supply side: Iran is experiencing a daily gasoline supply gap of approximately 14 million to 15 million liters due to the impact of geopolitical conflicts, and this continues to provide support for the global gasoline supply.
V. Price Trend Chart for the Past Year
Six, Risk Warning
The above analysis is for reference only and does not constitute trading advice.
