Today, the auction price of Jiangsu Xinhai dropped by 60 yuan/ton to 3605 yuan/ton, and the current transaction range for automobile transportation remains stable at 3670-3750 yuan/ton. In terms of supply, the main refineries maintain high load and stable production, with a significant increase in supply within the region; In terms of demand, downstream terminal demand is lukewarm, and the actual transaction atmosphere is average, with priority given to social resources. In addition, due to the impact of the typhoon, the arrival time of the cargo at the port has been delayed, and it is expected that the social warehouse will accumulate inventory in early August.