Shanghai adjusts fuel prices 1% higher
By Richard Fu |
May 10, 2013, Friday
|
Print Edition
Print Edition
DRIVING around the city just got a wee bit costlier after Shanghai raised its fuel prices by about 1 percent, starting today - the smallest adjustment in a decade.
The rates were raised to reflect the current global crude price movement.
The ceiling price at local gas stations for 93-octane gasoline rose to 7.50 yuan (US$1.22) per liter from the previous 7.43 yuan, while 97-octane gasoline climbed to 7.98 yuan from 7.90 yuan. Zero-grade diesel will now sell for 7.39 yuan at the highest, up from 7.31 yuan.
Pump rates vary from province to province. Shanghai's rates are among the highest in the country partly because of superior fuel standards.
Across the country, the National Development and Reform Commission said it raised gasoline and diesel prices by 95 yuan per ton. That made it the smallest price adjustment in China since July 1, 2003, when the NDRC, the country's top economic planner, raised gasoline price by 90 yuan a ton, said Chem99.com, a Chinese commodities information portal.
The latest price increase was implemented under the country's new pricing system which came into effect in March.
The rates were raised to reflect the current global crude price movement.
The ceiling price at local gas stations for 93-octane gasoline rose to 7.50 yuan (US$1.22) per liter from the previous 7.43 yuan, while 97-octane gasoline climbed to 7.98 yuan from 7.90 yuan. Zero-grade diesel will now sell for 7.39 yuan at the highest, up from 7.31 yuan.
Pump rates vary from province to province. Shanghai's rates are among the highest in the country partly because of superior fuel standards.
Across the country, the National Development and Reform Commission said it raised gasoline and diesel prices by 95 yuan per ton. That made it the smallest price adjustment in China since July 1, 2003, when the NDRC, the country's top economic planner, raised gasoline price by 90 yuan a ton, said Chem99.com, a Chinese commodities information portal.
The latest price increase was implemented under the country's new pricing system which came into effect in March.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
