21 June 2013 10:22 [Source: ICIS news]
SINGAPORE (ICIS)--China will raise the prices of gasoline and diesel by yuan (CNY) 100/tonne ($16/tonne) and CNY95/tonne respectively from 22 June, the National Development and Reform Commission (NDRC) said on Friday.
Under the existing scheme, gasoline and diesel prices will be adjusted every 10 working days based on prices of a basket of international crude. But fuel prices would not be adjusted if the changes are below CNY50/tonne.
($1 = CNY6.13)
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