Readymade Oil Would Slide in Chongqing Market, CN
CHEM99   Edit at:Thu, 21 Aug 2008 5:54:16 GMT  SW-China
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    The readymade oil inventories recovered by raining weather in Chongqing market of SW-China, supplies were mainly for subordinate gas stations. The following market would keep declining with sliding deal offers.
 
    The market supplies were limited with few transactions, and the prevailing price of 93# gasoline was around Yuan 7,800/mt, 0# diesel oil was around Yuan 7,250-7, 300/mt.
 
    The unsettled prices (basically stop wholesale) of gasoline and diesel oil as follows: the wholesale price of 0# diesel oil was at Yuan 6,869/mt, 90# gasoline was Yuan 7,353/mt, 93# was Yuan 7,795/mt and 97# was Yuan 8,263/mt in Sinopec and
PetroChina. The retail price of 0# diesel oil at Yuan 7,193/mt.
 
    0# diesel oil from Sinopec was priced at Yuan 6,869/mt with few sales.
 
    Today’s exchange rate: $1=6.8518RMB
 

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