Gasoline IV in Shenzhen Reduces by 140 Yuan/ton From Now On
After Approved by provincial government, retail price of gasoline IV will reduces by 140 yuan/ton starting from 24:00, October 9 in 6 cities, including Guangzhou, Shenzhen, Dongguan, Foshan, Zhongshan and Zhuhai. After this price adjustment, Standard No. 93 of gasoline IV will fall from 7.86 yuan/liter to 7.75 yuan/liter and Standard No. 93 of gasoline IV will fall from 8.52 yuan/liter to 8.40 yuan/liter.
Guangdong began pilot implementation of gasoline IV from 2010. At present, 6 cities, including Guangzhou, Shenzhen, Dongguan, Foshan, Zhongshan and Zhuhai, have fully supplied gasoline IV. According to the approval of National Development and Reform Commission, gasoline quality in six cities including Guangzhou city increases cumulatively 430 yuan/ton from the second stage to the fourth stage. Therefore, price of gasoline IV in Guangdong will be adjusted in accordance with price rising standard issued by National Development and Reform Commission. Price of gasoline IV will reduce by 140 yuan/ton.
In order to maintain social harmony and stability, provincial Price Bureau urges all localities should strictly enforce national oil price policy and organize market supply, price supervision and inspection work of refined oil. It also strictly forbids all price violations.
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