China Announces Gasoline and Diesel Price Hikes Effective Tomorrow

MacroCommodity
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The National Development and Reform Commission of China has announced an increase in the retail prices of gasoline and diesel, effective tomorrow. The price of gasoline will rise by 685 yuan per tonne, and the price of diesel will rise by 655 yuan per tonne. This price adjustment follows the mechanism under which China adjusts fuel prices every 10 working days in response to changes in global crude oil prices.

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