Maintaining stability in the white oil market

According to the Commodity Market Analysis System of Business Society, as of April 3rd, the average price of white oil in the market was 8400 yuan/ton, and on March 28th, the average price of white oil in the market was 8400 yuan/ton, indicating stable price operation.

 

In terms of cost

 

This week, crude oil stopped falling and rebounded, with insufficient positive market news.

 

In terms of supply and demand

 

Some large manufacturers of light white oil have raised prices for individual products, and overall product prices remain stable. Downstream manufacturers generally restock.

 

Future Market Forecast

 

There is no positive support in the pre holiday news, but based on some large factories raising their prices, it is expected that the white oil market will remain stable and have a downward trend in the near future.

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