SunSirs: The Trading was Normal, China Mineral oil Market Fell partially

According to the commodity market analysis system of shanghaishe, the average price of mineral oil market was 8,483 RMB / ton as of May 17, and 8,500 RMB / ton as of May 11, with a price drop of 0.2%.

In terms of cost, last week's breaking down of crude oil guided the market, while the mineral oil market declined slightly.

Supply and demand: on the supply side, the upstream refinery was overhauled in May, and the supply was reduced slightly. Large light mineral oil manufacturers adjusted individual models up and down this week. On the demand side, the consumption in May has entered the traditional off-season, and the transaction atmosphere is light. The downstream low-price just needs to purchase.

At present, although the market trading atmosphere is general, the production cost of the refinery is still high. The cost support is strong, and the price trend of mineral oil market is expected to be stable and weak, and the price fluctuates in a narrow range.

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