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China’s retail price cap for refined oil products is expected to see a second consecutive increase at 24:00 Friday, with gasoline and diesel prices likely to rise by 360 yuan per ton.

China’s retail price cap for refined oil products is expected to see a second consecutive increase at 24:00 Friday, with gasoline and diesel prices likely to rise by 360 yuan per ton.

智通财经智通财经2026/09/10 05:11
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(1) At 24:00 on Friday, September 11, a new round of domestic refined oil retail price adjustment will take place. (2) According to the latest international crude oil price change forecasts tracked by institutions, the increase in this round of refined oil retail price adjustment has already exceeded the adjustment threshold of 50 yuan/ton, so an increase is highly likely; as of the close of trading on September 9 local time (the ninth working day of this pricing cycle), the reference crude oil change rate stood at 8.16%. (3) Based on current estimates, the prices of gasoline and diesel are expected to increase by 360 yuan/ton. Converted to price per liter, the increase for 92-octane gasoline and 0 diesel may be around 0.35 yuan/liter, which means the refined oil retail price cap may see its "second consecutive rise."
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