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Zhoushan Oil Storage Composite Price Index released

 Last Update: 2023-02-02
 Source: Internet
 Author: User

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On January 3, the Zhoushan Oil Storage Comprehensive Price Index (hereinafter referred to as the "Storage Index") was officially released
.

The warehouse index is based on the comprehensive price of warehousing in Zhoushan and the available commercial storage capacity, and is compiled using the method of weighted average storage capacity, including two indices, fixed-base and month-on-month, and is released
on the first working day of each month.

According to reports, the warehousing index is completed by the first oil storage market in Zhejiang Province after in-depth research on the mainstream index compilation method, combined with the characteristics of the industry and the mainstream experience of index compilation, led by the Zhoushan Port and Port Administration and supported by the Zhejiang Oil Center
.

Zhejiang Oil Center said that in the process of compiling the storage index, the storage capacity structure between varieties is considered, and the weight will be adjusted
regularly.
As a part of the Zhoushan combustion index system, the warehousing index forms a joint force with the comprehensive price of warehousing and the available commercial storage capacity, drives the warehousing information into a whole, improves the construction of the index system, further meets the needs of industrial chain enterprises, and provides more high-quality and accurate information services
for the market.

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