China's domestic retail refined-fuel pricing window will open at 24:00 on Aug 14, with market consensus pointing to the year's fifth price cut. Longzhong analyst Liu Bingjuan says that as of Aug 12 the cycle reference crude averaged $82.14/bbl, down

2026-08-14

China's domestic retail refined-fuel pricing window will open at 24:00 on Aug 14, with market consensus pointing to the year's fifth price cut. Longzhong analyst Liu Bingjuan says that as of Aug 12 the cycle reference crude averaged $82.14/bbl, down 4.90% from the prior period, implying an approximate theoretical reduction of 210 yuan/ton for refined fuels (about 0.15 yuan/liter); a 70‑liter tank fill would save roughly 11 yuan.

Other News
2026-08-14

China National Grain Reserves Corporation (CNGRC) issued a notice regarding the auction of frozen pork from the central reserves on August 19, 2026: 9,700 tons of domestically produced frozen pork will be offered for auction in this auction.

2026-08-13

Data from the U.S. Bureau of Labor Statistics shows that the final demand PPI was flat month-over-month in July (0.0%), lower than the market expectation of 0.2%, with the previous value revised down to -0.1%; year-over-year, it rose 4.7%, the smalle