Petrol Price Adjustment Imminent

Deep News11:20

Tuesday, June 2nd, marks just two days remaining until the opening of the 11th domestic refined oil product price adjustment window for the year, scheduled for 24:00 on June 4th.

The statistical period for this pricing cycle, spanning ten working days, has now reached 80% completion.

The projected price reduction has increased by another 10 yuan per tonne today, with the current forecast indicating a cut of 580 yuan per tonne, equivalent to 0.44 to 0.53 yuan per litre.

Based on this projected decrease, refilling a 50-litre tank of petrol or diesel could become over 22 yuan cheaper following the adjustment.

The final adjusted price for this cycle will be subject to the official announcement from the National Development and Reform Commission.

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