China to raise retail fuel prices from May 9
- Posted on May 8, 2026
- By Business News Today
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- 1 min read
China to raise retail fuel prices from May 9
China will increase retail gasoline prices by 320 yuan per metric ton and diesel prices by 310 yuan per metric ton starting May 9. This price hike follows a reduction in April. The move signals a shift in pricing strategy after previous adjustments to counter oil price fluctuations. Consumers will see higher fuel costs soon.