China Diesel and Gasoline Prices Should Rise 760 Yuan/Ton on July 31, Lianjin Says

GAS-6.18%
According to Lianjin Energy, China's retail diesel and gasoline prices should increase by 760 yuan per ton as of the seventh working day of the current pricing cycle (July 28), based on a reference crude price of $89.27 per barrel with a variance of 14.64%. The adjustment window is set for July 31 at 24:00 (Beijing time), following the previous rate increase of 300 and 290 yuan per ton on July 17.
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