Wholesale batches of AI-92 and AI-95 gasoline dropped on July 25 at SPIMEX for the first time since the beginning of the month

MOSCOW, July 25 (Reuters) – The average prices of wholesale lots of AI-92 and AI-95 gasoline, which have been constantly updating highs since the beginning of the month, fell in St. Market participants say many buyers have stopped fighting for volumes today, having decided to shop around and wait a bit before buying gasoline after news broke the previous day of the government’s intention to curb exports. “We read and hid. Everyone was impressed by the promises to draw up a list of (gasoline) exporters and introduce quotas for them. At the beginning of the session, there was no demand, and before that, buyers immediately raised the upper bar (prices), ”shares the stock trader. According to SPIMEX, the average wholesale price of a batch of AI-92 fell by 1,504 rubles per tonne (-2.34%) on Tuesday, AI-95 fell by an average of 617 rubles per tonne (-0.88%), regressing to the value of the middle of last week. Some traders believe that today’s price breakout cannot be considered a trend reversal yet. “For now, the impact of only this verbal intervention of the Ministry of Energy. At the beginning of the sale, due to the lack of applications, sellers began to lower prices, but the demand is high, and by the end of trading on the main bases, everything has completely sold out, ”the wholesale buyer noted on the exchange. In his opinion, if the offer on the exchange does not increase, prices may resume their growth. “Unless sellers start to give way in price tomorrow, buyers will stand, stand and continue to buy everything. Because there are not enough volumes,” says one bidder. Below are the average wholesale prices and primary sales volumes of AI-92, AI-95 based on the results of SPIMEX listings in the years 2019-2023: Period Average Average Average Average Total price volume price volume AI-92, AI-95 sales, AI-92 + AI-9 rub/t AI-92 per rub/t AI-95 for 5 per day, 24 hours, tons per day, tons per day 201 9 y 43.7 49 18.821 45.903 9.601 28.422 2020 46.389 17.785 48.801 9.986 27.771 2021 53.776 19.565 55.939 12.041 31.607 2022 41 .817 21 0.489 45.703 11.492 32.981 Jan 51.901 22.625 54.897 12.715 35.339 Feb 51.741 18.181 54.321 10.285 28.466 Mar 43.667 19.6 3 8 47.100 Jul 1 40.394 21.971 45.527 12.082 34.053 Aug 46.673 18.778 53.187 11.186 29.964 Sep 42.609 19.448 46.022 11.507 30.95 Oct 5 36.870 21.6 20 38.883 11.137 32.757 Nov 35.519 21.802 39.029 11.258 33.060 Dec 36.287 22.667 41.549 12.524 35.191 2023 47.983 1 8.640 53.572 11.344 29.984 Jan. 34.533 22.683 39.390 13.190 35.873 Feb. 36.973 20.429 40.622 11.443 31.872 Mar. 10.053 28.509 April 47.170 17.238 52.435 9.885 27.123 May 52.246 17.448 59.340 11.110 28.558 June 56.740 16.681 64.076 11.713 28.394 July 60,809 18,413 66,927 12,597 31,010 30/06/2023 58,110 17,490 64,613 11,964 29,454 03/07/2023 58,179 17,670 64,607 12,748 30,418 04.07.202 3 58.254 18.640 64.708 12.919 31.559 05.07.2023 58.697 17.728 64.953 14.006 31.734 06.07.2023 59.070 18.75 8 65,456 12,494 3 1,252 7/7/2023 59,174 19,787 65,833 11,162 30,949 10/7/2023 59,452 16,940 65,802 12,869 29,809 7/11/2 1 1.29 6 30.180 14.07.20 23 60.857 17.967 66.973 12.566 30.533 17.07.2023 61.207 19.539 66.930 12.075 31.614 18.07.2023 61.543 18, 508 67,230 12,380 30,888 July 19, 2023 62,462 19,123 68,073 12,989 32,112 July 20, 2023 63,487 17,725 68,893 13,180 30,905 July 21. 2023 63,999 17,77 6 69,678 12,146 29,922 2023-07-24 64,333 18,078 69,978 12,248 30,326 ,839 30,697