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China Lowers Domestic Diesel Price To 195 Yuan Per Ton

DIESEL

China’s NDRC announced to lower its domestic diesel and gasoline price to 195 Yuan per ton from 17 Jan, NDRC said.

  • The price previously stood at 205 Yuan per ton.
  • The NDRC decided to lower the price because of recent changes in prices in global oil markets.
  • China’s gasoline and diesel demand is expected to rise by 6% this year to 392.95mn tons according to OilChem.

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