China Diesel prices, 25-Nov-2024

The current price of diesel fuel in China is CNY 7.09 per liter or USD 0.98 per liter based on the latest update from 25-Nov-2024. For comparison, the world average diesel price is USD 1.11 per liter.
China
Diesel prices
 Current price 0.98
 Measure USD/Liter
 Last update 2024-11-25
 Data availability from 2014-12-15
 Data frequency Weekly
Source: National Development and Reform Commission (NDRC)


We show diesel price data for China from 2014-12-15 to 2024-11-25. The average diesel price during that period is CNY 6.53 per liter with a minimum of CNY 5.10 on 2020-09-21 and a maximum of CNY 8.77 on 2022-06-27. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for China every week.


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Diesel prices
Price (CNY/Liter) Percent change
 Current price 7.09 -
 One month ago 7.21 -1.7 %
 Three months ago 7.41 -4.3 %
 One year ago 7.58 -6.5 %


China Diesel prices: The last eight weeks

China Diesel prices: The last eight weeks

China Diesel prices, liter, Chinese Renminbi


China Diesel prices: Historical graph; 2014-12-15-2024-11-25
* A long flat line means that the government fixes the prices.
China: Diesel price analytics
    Value
Percent of world average diesel price     81.91%
Correlation with crude oil prices     0.94
Percent change if oil prices increase 10%     4.38%
Correlation with USD exchange rate     -0.20
Price flexibility index: 0 (low) - 1 (high)     0.44
Correlation with gasoline prices     1.00
Percent of gasoline price     88.72%
Cost of 40 liter tank, percent of income     3.82%
Diesel consumption, percent of income     1.03%
Updated monthly. Methodological notes
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