September 15th, news:
This daily report is based on the method of average difference analysis, combining recent international crude oil trends, China's refined oil pricing policies, and supply and demand data from the industrial chain, to provide an objective assessment of the current trend signals and operational range for gasoline spot prices, for reference by market participants.
The latest available data for the average spot price of gasoline in China is up to September 14, 2026. It is recommended to refer to real-time data.
1. Mean Difference Variation Table
| Average Difference Type | Value as of September 14, 2026 | Value as of September 13, 2026 | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 2.57 | 123.46 | - |
| 10-day Average Difference (D10) | 220.27 | 190.34 | + |
| 20-day Average Difference (D20) | 291.76 | 302.80 | - |
2. Signal status determination
The current deviation change symbol combination is (－, ＋, －), which belongs to the resilience warning (biased towards bullish) signal.
3. Trend Direction Conclusion
The current trend in gasoline prices is fluctuating. Reason: The direction of change in the three averages compared to the previous day is not entirely consistent, indicating no clear unilateral trend, and in the short term, it shows a characteristic of fluctuation with some resistance to decline.
4. Position Space Reference
Gasoline prices in China are at high levels for 60-day, 3-month, and 1-year periods, corresponding to the 5th tier in the 5-tier price structure, with limited room for further increases.
5. Trend chart display
6. Market Background Supplement
Cost Side: Recently, international crude oil prices have remained at high levels. The escalation of U.S.-Iran tensions in early September triggered a sharp rise in oil prices. Although international crude oil futures declined on September 11, they still stayed above $100 per barrel. Upstream costs continue to provide strong support for gasoline prices.
Policy end: At 24:00 on September 11, the adjustment window for refined oil prices in China opened. After this round of adjustments, the retail price of gasoline was actually increased by 260 CNY per ton, marking the twelfth increase since 2026 and forming a "two consecutive increases" pattern, supporting the upward shift in the spot price center.
Supply and demand: Recently, the quotations for gasoline from Chinese independent refineries have been continuously increasing. On September 14, the mainstream quotations for 92# gasoline in the northeastern and northwestern regions of China remained at 10,100-10,200 CNY per ton, with spot circulation prices remaining high.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
