Guangdong Securities News on September 20th ｜ Zhuo Chuang Information: Data monitoring model shows that as of the close of September 19th, the change rate of the reference crude oil for the 10th working day in China was -8.39%. It is expected that the retail limit price of gasoline and diesel will be reduced by 365 and 350 yuan per ton respectively. The price of 92# gasoline, 95# gasoline, and 0# diesel will be reduced by 0.29, 0.3, and 0.3 yuan respectively. The price adjustment window will be at 24:00 on September 20th. At the same time, if this reduction is implemented, it will achieve the largest reduction this year. There are differences in the market's expectations for the rate cut by the Federal Reserve. The weakening of the US dollar in the short term provides support, but the fundamental factors are still weak. The continued rebound in crude oil prices will face resistance. According to the current crude oil price calculation, the recalculated change rate will be positive, and the retail price of refined oil products is expected to be expected to increase at the beginning of the next period. The price adjustment window will be at 24:00 on October 10th.
机构：成品油零售限价或创年内最大跌幅 预计下周期伊始将转变为上调预期
Institutions: Retail gasoline price caps may see the largest decline of the year, and it is expected that expectations will shift to an increase at the beginning of the next cycle.
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