Good luck and mutual game, the biodiesel market is stabilizing
2023-10-13 12:10:56
Biodiesel Network September 10th: Recently, the international crude oil futures price trend is more volatile. During the current valuation period, the crude oil change rate fluctuates in a positive range. The price of refining diesel and blending diesel oil is higher or higher; but the impact on the domestic biodiesel market. Limited, refinery shipment prices fluctuated within a narrow range. How to go later, and see the following analysis:
On the demand side: the traditional peak season “Golden September and Silver 10†is about to begin, and the autumn harvest will be launched one after another. The large-scale activation of agricultural machinery will drive the demand for diesel oil to improve, and with the end of the southern fishing season, the demand for marine diesel will gradually increase. In addition, after the completion of the military parade on September 3, the operating rate of large-scale industrial and mining and infrastructure industries around the north will gradually increase, and the demand for diesel will increase. Overall, domestic diesel demand is on the rise in September, and it remains to be seen whether it will substantially boost the domestic biodiesel market.
Market supply: The operating rate of domestic biodiesel plants continues to be low. In the early stage, under the influence of poor demand and the influence of Beijing military parade, most refineries were in a state of suspension or semi-stopping, and the inventory remained at the middle and low level, making the overall supply of the market relatively small. It is understood that the domestic biodiesel plant operating rate is extremely low, most of the refinery production started is very low, only to maintain the old customers. After the military parade, only some biodiesel enterprises that had been shut down in the early stage will start construction, and the overall market resources will increase slightly.
On the whole, in the short-term, the international crude oil futures price or the maintenance range fluctuates, and the crude oil change rate fluctuates in the positive range. The retail price of this round of refined oil is likely to increase. The news is slightly supported by the domestic bio-wood market. As the operating rate of domestic biodiesel devices increases, the market resources will increase, and downstream users will become more rational in the market. Therefore, it is expected that the domestic biodiesel market price will show a narrow range of fluctuations in the later period.
On the demand side: the traditional peak season “Golden September and Silver 10†is about to begin, and the autumn harvest will be launched one after another. The large-scale activation of agricultural machinery will drive the demand for diesel oil to improve, and with the end of the southern fishing season, the demand for marine diesel will gradually increase. In addition, after the completion of the military parade on September 3, the operating rate of large-scale industrial and mining and infrastructure industries around the north will gradually increase, and the demand for diesel will increase. Overall, domestic diesel demand is on the rise in September, and it remains to be seen whether it will substantially boost the domestic biodiesel market.
Market supply: The operating rate of domestic biodiesel plants continues to be low. In the early stage, under the influence of poor demand and the influence of Beijing military parade, most refineries were in a state of suspension or semi-stopping, and the inventory remained at the middle and low level, making the overall supply of the market relatively small. It is understood that the domestic biodiesel plant operating rate is extremely low, most of the refinery production started is very low, only to maintain the old customers. After the military parade, only some biodiesel enterprises that had been shut down in the early stage will start construction, and the overall market resources will increase slightly.
On the whole, in the short-term, the international crude oil futures price or the maintenance range fluctuates, and the crude oil change rate fluctuates in the positive range. The retail price of this round of refined oil is likely to increase. The news is slightly supported by the domestic bio-wood market. As the operating rate of domestic biodiesel devices increases, the market resources will increase, and downstream users will become more rational in the market. Therefore, it is expected that the domestic biodiesel market price will show a narrow range of fluctuations in the later period.
Salida Exit Signs ,Clear Exit Sign,Exit Sign With Emergency Lights,Exit Door Sign
NINGBO JIMING ELECTRIC APPLIANCE CO., LTD. , https://www.feituosafety.com