September 1st News
This gasoline spot price analysis is based on the latest publicly available data as of August 31, 2026, and uses professional judgment with the mean difference method: The current gasoline spot price is in a high range over the past year, with the mean difference signal indicating a strong rebound (bullish) oscillation trend. This is influenced by multiple factors including recent international crude oil volatility, the implementation of China's refined oil price adjustments, and rumors of related industrial policy changes. Subsequent attention should be paid to the upstream crude oil trend and policy changes.
Gasoline Spot Price Analysis Daily Report
Note: The latest available data is up to August 31, 2026. It is recommended to refer to real-time data.
1. Average Difference Change Table
| Average Difference Type | Value as of August 31, 2026 | Value as of August 30, 2026 | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 184.94 | 25.89 | + |
| 10-day Average Difference (D10) | 56.67 | 35.70 | + |
| 20-day Average Difference (D20) | 198.17 | 200.06 | - |
2. Signal Status Judgment
The current mean difference variation combination is (+, +, -), corresponding to a strong rebound signal (bullish, with rebound characteristics).
3. Trend Direction Conclusion
The current trend in gasoline prices is fluctuating. The reason for this judgment is that the change directions of the 5-day, 10-day, and 20-day moving averages compared to the previous day are not entirely consistent, which meets the criteria for a fluctuating trend.
4. Position Space Reference
Currently, gasoline prices are at high levels across 60-day, 3-month, and 1-year timeframes, placing them in the 5th percentile—indicating limited room for further increases.
5. Trend chart display
6. Fundamental Reference
The price adjustment window for refined oil products in China officially opened at 24:00 on August 28, 2026. Retail prices saw their eleventh increase of the year. The key reason for this adjustment was the rise in crude oil prices and the positive crude oil change rate during this adjustment cycle.
Upstream: Recently, international crude oil prices have been fluctuating. From August 25 to 28, the settlement price of WTI crude oil futures ranged between $82.23 and $83.53 per barrel, while the settlement price of Brent crude oil futures ranged between $86.94 and $88.52 per barrel. On August 31, international crude oil prices closed slightly lower.
Regional Market Update: On August 31, gasoline prices at independent refineries in the Northeast and Northwest regions generally rose. The mainstream quotation range for 92# gasoline was between 9,100 and 9,200 CNY per ton, while the mainstream quotation range for 95# gasoline was between 9,200 and 9,300 CNY per ton.
Policy Update: Rumors that the Trump administration plans to double the biofuel exemption quota for small refineries have triggered market volatility. As a result, prices of related RINs have fallen sharply, and the eventual implementation of this policy could influence expectations regarding gasoline supply and demand.
7. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
