China Gasoline prices, 20-May-2024

The current gasoline price in China is CNY 8.59 per liter or USD 1.19 per liter and was updated on 20-May-2024. For comparison, the average price of gasoline in the world is USD 1.26 per liter.
Gasoline prices
 Current price 1.19
 Measure USD/Liter
 Last update 2024-05-20
 Data availability from 2014-06-09
 Data frequency Weekly
Source: National Development and Reform Commission (NDRC)

We show Octane-95 gasoline price data for China from 2014-06-09 to 2024-05-20. The average gasoline price during that period is CNY 7.34 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.

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Gasoline prices
Price (CNY/Liter) Percent change
 Current price 8.59 -
 One month ago 8.86 -3.0 %
 Three months ago 8.41 2.1 %
 One year ago 8.31 3.4 %

Our data on: CNN Bloomberg Reuters

China Gasoline prices: The last eight weeks

China Gasoline prices: The last eight weeks

China Gasoline prices, liter, Chinese Renminbi

China Gasoline prices: Historical graph; 2014-06-09-2024-05-20
* A long flat line means that the government fixes the prices.
China: Gasoline price analytics
Percent of world average gasoline price     84.70%
Correlation with crude oil prices     0.95
Percent change if oil prices increase 10%     4.11%
Correlation with USD exchange rate     -0.15
Price flexibility index: 0 (low) - 1 (high)     0.45
Correlation with diesel fuel prices     1.00
Percent of diesel price     111.93%
Cost of 40 liter tank, percent of income     4.59%
Gasoline consumption, percent of income     1.24%
Updated monthly. Methodological notes
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