China Gasoline prices, 14-Oct-2024
The current gasoline price in China is CNY 8.04 per liter or USD 1.13 per liter and was updated on 14-Oct-2024.
For comparison, the average price of gasoline in the world is USD 1.18 per liter.
China |
Gasoline prices |
|---|---|
| Current price | 1.13 |
| Measure | USD/Liter |
| Last update | 2024-10-14 |
| Data availability from | 2014-11-03 |
| Data frequency | Weekly |
We show Octane-95 gasoline price data for China
from 2014-11-03 to 2024-10-14.
The average gasoline price during that period is CNY 7.35
per liter with a minimum of
CNY 5.91 on 2020-03-23 and a maximum of
CNY 9.73 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.
Gasoline prices |
Price (CNY/Liter) | Percent change |
|---|---|---|
| Current price | 8.04 | - |
| One month ago | 8.32 | -3.4 % |
| Three months ago | 8.71 | -7.7 % |
| One year ago | 9.04 | -11.1 % |
China Gasoline prices: The last eight weeks
China Gasoline prices, liter, Chinese Renminbi
* A long flat line means that the government fixes the prices.
China: Gasoline price analytics |
Value |
|---|---|
| Percent of world average gasoline price | 86.80% |
| Correlation with crude oil prices | 0.94 |
| Percent change if oil prices increase 10% | 4.04% |
| Correlation with USD exchange rate | -0.21 |
| Price flexibility index: 0 (low) - 1 (high) | 0.45 |
| Correlation with diesel fuel prices | 1.00 |
| Percent of diesel price | 112.05% |
| Cost of 40 liter tank, percent of income | 4.61% |
| Gasoline consumption, percent of income | 1.24% |
Updated monthly. Methodological notes
