Sino-report
Home Sign in Research report Data Center Industry News Custom Research About us
Research report:                          Automotive  |  Electronics  |  Mechanical&Automation  |  New Energy  |  Medical  |  Advanced Materials  |  Building Products  |  Transportation  |  Communication  |  Chemical  |  Finance  |  IT Industry  |  Food  |  Home Appliances  |  Forestry  |  Agriculture  |  Textile  |  Culture Industry  |  Consumer goods  |  Others  |
 Home > Industry News > New Energy > Text
China to raise retail prices of gasoline, diesel
Author:sino    Source:Sino-report    Number of clicks :     Update time:2018-08-08 12:19
China will raise the retail prices of gasoline and diesel starting Tuesday, the top economic planner announced Monday.

BEIJING - China will raise the retail prices of gasoline and diesel starting Tuesday, the top economic planner announced Monday.

Retail prices will go up by 70 yuan ($10) per ton for the two types of refined oil products, according to the National Development and Reform Commission (NDRC).

Under the current pricing mechanism, if international crude oil prices change by more than 50 yuan per ton and remain at that level for ten working days, the prices of refined oil products such as gasoline and diesel in China will be adjusted accordingly.

The price monitoring center under the NDRC attributed the rising prices to fluctuations in global markets and a falling Chinese currency, the yuan, against the US dollar.

The NDRC has asked major Chinese oil companies, including China National Petroleum, China Petrochemical, and China National Offshore Oil, to ensure a stable supply and pricing.

The NDRC said it would closely monitor the effects of the current pricing mechanism and make changes in response to global fluctuations.

Order Online
Contact Us
Tel: 400-988-9999
Fax:010-82889999
Phone :+8615313587056
Email:Sale@sino-report.com
Email:Cousult@sino-report.com
Online Consultation
MSN :Sino-report@hotmail.com
MSN :Sino-report@foxmail.com
Skype: Please Please
Latest Reports
  More>>
[New Energy] CNPC steps up domestic oil production
[New Energy] China's benchmark power coal price stays flat
[New Energy] Goldwind backs Australia's first wind technology test lab
[New Energy] Clean power surges recast energy mix
[New Energy] China to raise retail prices of gasoline, diesel
[New Energy] LNG terminal to help meet demand
[New Energy] Sinopec projects 50% rise in H1 profit
[New Energy] Tesla has ‘about 11,000’ energy storage projects underway in Puerto Rico, says Elon Musk
Popular reports
  More>>
Industry Data
  More>>
China opens market to Kenya's agricultural products
China's publishing industry booming over past 40 years
Industrial Production Operation in July 2018
Total Retail Sales of Consumer Goods in July 2018
National Real Estate Development and Sales in the First Seven Months of 2018
NSDP/SDDS for the People's Republic of China
Market Price of Important Means of Production in Circulation, July 01-10, 2018
In the first five months of 2018, the profits made by industrial enterprises above the designated siz
Purchasing Managers Index for June 2018
Market Price of Important Means of Production in Circulation, June 21-30, 2018
In global EV battery shipments during Jan - Apr 2018, LG Chem and Samsung SDI ranked 4th and 6th
Based on Jan - Apr shipment record, Kia Motors Remain on Top 10 in Global PHEV Power Brands Ranking
Consumer Prices for May 2018
Producer Prices for the Industrial Sector for May 2018
Industrial Production Operation in May 2018
Investment in Fixed Assets for the First Five Months of 2018
National Real Estate Development and Sales in the First Five months of 2018
Producer Prices for the Industrial Sector for April 2018
Stable Performance for the National Economy in April
Total Retail Sales of Consumer Goods in April 2018
Industrial Production Operation in April 2018
National Real Estate Development and Sales in the First four months of 2018
Sales Prices of Residential Buildings in 70 Medium and Large-sized Cities in April 2018
Industrial Profits Increased in the First Four Months of 2018
Industry News
  More>>
Iron and steel sector gains strength
China’s wines take center stage
Machinery manufacturing fair boosts Sino-Russian ties
Medical device manufacturers display their latest technology
Soybean farmers store crops amid hopes of higher prices
Tourism industry opening on agenda
Tech competition eases startups' access to China market
China's excavator sales grow 44.9% in October
China's solid waste imports continue to slump on tightened ban
Delivery orders jump 25.12% to 1.35b on Singles Day
Related Links
China's benchmark power coal price stays flat
LNG terminal to help meet demand
Sinopec projects 50% rise in H1 profit
China to double solar capacity this year
Huaibei Coal will complete its domestic IPO to raise 8.5 billion yuan
China to build energy industry 'golden triangle'
China will strive to fulfill its emission reduction targets for 2020
China to prioritize hydropower
China to suspend new nuclear plant approvals
Solar power price in China is expected to drop by 20% in the next five years

Sitemap       |       Join Us      |       Customer Service       |       About Sino-report
Copyright © 2011-2025 Sino-report Consult Inc.
Sino-report@hotmail.com    Postmaster@sino-report.com
No.18 Zhichun Road, Haidian District. Beijing 100089.China
Information and data contained in this site is for reference only pursuant to operate your own risk
Sino-report