Fuel Prices China, P.R. - Revision history

Ranisha at 12:46, 23 September 2014

2014-09-23T12:46:06Z

Armin Wagner at 09:31, 14 November 2013

2013-11-14T09:31:43Z

Armin Wagner at 09:54, 22 March 2013

2013-03-22T09:54:30Z

Tai Becker: Protected "Fuel Prices China, P.R." ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

2012-12-04T10:36:03Z

Protected "Fuel Prices China, P.R." ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

Ingmar Schlecht: 1 revision

2012-12-02T17:34:53Z

1 revision

Ingmar Schlecht: Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

2012-11-14T16:42:02Z

Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

New page

{{Fuel Price Factsheet
|Fuel Price Country=China, P.R.
|Fuel Currency=CNY
|Fuel Price Exchange Rate=6.63
|Fuel Price Exchange Rate Date=2010/11/17
|Fuel Price Last Updated=2011/05/01
|Fuel Price Composition Date=
|Fuel Price Composition Annotation=The costs for transporting fuels from regional storages to service stations amount to maximum 1% of the wholesale price.

The retail margin equals ~4% of the wholesale price.

Information for the city of Beijing; Source: http://www.bjpc.gov.cn/.

Further information on price composition is missing, hints welcome.
|Fuel Pricing Policies=The government regulates fuel prices and controls the downstream sector in China. The „National Development and Reform Commission“ (NDRC) supervises the pricing of fuels. Fuel prices are published on the websites of regional and municipal commissions, e.g. the „Beijing Municipal Commission of Development and Reform“ (http://www.bjpc.gov.cn/).

In 2008, a new pricing mechanism has been introduced. The price of crude oil plus cost is taken as principal of the new mechanism. The new pricing system is based on oil price of Brent, Dubai and Minas as basic average value, plus cost of refinery and adaptable profit, plus domestic tax as well as fees of fuel transportation etc., the sum becomes the reference selling price. Price changes are permissible if crude oil prices have changed more than 4 % within 22 days. However, the pricing does not always follow this formula. In particular, the government avoids steep price increases to maintain „reasonable“ prices, especially for farmers. This policy results in substantial under-recovery of costs of Chinese refineries with some reports about shortages and hoarding.

Comprehensive official information on fuel price statistics and fuel price composition is missing.
|Fuel Matrix Price Level=2.5
|Fuel Matrix Pricing Mechanism=2
|Fuel Matrix Annotation=Statistics missing. Pricing formula missing. Detailed fuel price breakdown missing. Hints welcome.
|Fuel Transparency Price Composition=1
|Fuel Transparency Pricing Mechanism=1
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Pump prices and margins
|Fuel Price Factsheet Source Link=http://www.bjpc.gov.cn/syjg/syjg_ggspxxjg/200605/t119702.htm
|Fuel Price Factsheet Source Annotation=For Beijing
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Wholesale Prices
|Fuel Price Factsheet Source Link=http://www.bjpc.gov.cn/syjg/syjg_ggspxxjg/200605/t119702.htm
}}
{{Fuel Price Factsheet Source
|Fuel Price Factsheet Source Type=Other Information
|Fuel Price Factsheet Source Link=http://en.ndrc.gov.cn/
}}

← Older revision		Revision as of 12:46, 23 September 2014
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	\|Fuel Price Factsheet Source Annotation=Pump prices in Beijing		\|Fuel Price Factsheet Source Annotation=Pump prices in Beijing
	}}		}}
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		+	[[Category:China]]

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 |Fuel Price Factsheet Source Type=Other Information
 |Fuel Price Factsheet Source Link=http://en.ndrc.gov.cn/
 }}

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=China, P.R.
 |Fuel Currency=CNY
 |Fuel Price Exchange Rate=6.63
 |Fuel Price Exchange Rate Date=2010/11/17
 |Fuel Price Last Updated=2011/05/01
 |Fuel Price Composition Annotation=The costs for transporting fuels from regional storages to service stations amount to maximum 1% of the wholesale price.
@@ Line 13: / Line 23: @@
 Further information on price composition is missing, hints welcome.
 |Fuel Matrix Pricing Mechanism=2
 |Fuel Matrix Annotation=Statistics missing. Pricing formula missing. Detailed fuel price breakdown missing. Hints welcome.
 |Fuel Transparency Price Composition=1