Significant Fuel Price Reduction Anticipated in China on July 3

Deep News21:10

China's domestic refined oil product prices are scheduled for a new round of adjustment at 24:00 on July 3rd.

The statistical period for this pricing cycle, which spans 10 working days, has only just completed its first day of data collection.

The current rate of change for crude oil has reached -10.17%, indicating an anticipated price reduction of 510 yuan per ton.

Based on this projected decrease, the prices of gasoline and diesel are expected to fall further by 0.39 yuan to 0.46 yuan per liter.

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