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)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections