(Adds background on inflation) By Chen Aizhu SINGAPORE, March 22 (Reuters) - China will raise retail gasoline prices by 7 percent on Wednesday, the first since August, in a move that will boost state refiners' margins but do little to slow robust demand, industry sources said. China, the world's second-largest oil consumer, will increase the mean of retail 90-octane gasoline price by 300 yuan ($36.25) per tonne to about 4,625 yuan ($559) a tonne, but keep retail diesel prices unchanged ...
Premium Content (PAID Subscription Required)
"UPDATE 2-China raises retail gasoline price, diesel steady" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642