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China NDRC: Sept 11 Gasoline, Diesel Prices to Rise 260 and 250 Yuan per Tonne After Adjustment

China’s National Development and Reform Commission said gasoline and diesel (standard grade) prices should have risen by 435 yuan and 420 yuan per tonne respectively on September 11 under the current pricing mechanism, but after adjustment will actually increase by 260 yuan and 250 yuan per tonne. The commission announced the figures on September 11.

Original source

AI take

The gap between the theoretical and actual adjustment is the signal: Beijing is absorbing part of the pass-through rather than letting the full increase reach the pump. That matters for transport, logistics and industrial margins in China, and it implies the pricing mechanism is being used as a buffer, not just a formula. Whether this partial-adjustment pattern persists in future windows is the open question for anyone tracking Chinese fuel costs and imported inflation.

Generated by AI for reference only.

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