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March 2022 China coastal crude oil and refined oil transportation market analysis report

 Last Update: 2023-03-02
 Source: Internet
 Author: User

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In March 2022, due to the impact of geopolitical tensions, crude oil prices rose rapidly, and gasoline and diesel prices in the domestic market have recently risen to a high level
.
However, the current gasoline market demand still lacks strong support, and the overall trend is flat
.
Diesel terminal demand, while in the recovery phase, has limited
speed of improvement.
Coupled with the impact of the epidemic, the supply of gasoline and diesel resources in upstream refineries has been relatively reduced
due to the limited supply of raw materials and the transportation of products.
The supply and demand of the transportation market are weak, mainly based on just need to replenish and wait and see, the market transaction is light, and the price of refined oil transportation is stable
.
On March 25, the freight rate index of refined oil goods released by the Shanghai Shipping Exchange was 1417.
85 points, down 0.
3% from the same period last month; The crude oil freight rate index was 1557.
48 points, unchanged from the previous month
.

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