Suppliers in west China had been feeding more oil in recent weeks to central and eastern regions to supply transportation, construction and power generation.
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World Biggest Oil Consumer Keep Fuel Prices A Tight Rein
Wholesale diesel prices in western China are still steady
Wholesale diesel prices in western China are still steady, keeping below October's peak, supported by rising winter heating demands and tight supplies.
A crackdown by Beijing to enforce government price limits in the retail sector brought down wholesale rates to 4,080-4,150 yuan per ton, or around 493-501 US dollars, in the region's consuming hub Chengdu, capital of Sichuan province.
Prices rose above the administered retail ceiling in late October to near 4,200 yuan amid speculative stockpiling.
Suppliers in west China had been feeding more oil in recent weeks to central and eastern regions to supply transportation, construction and power generation.
Suppliers in west China had been feeding more oil in recent weeks to central and eastern regions to supply transportation, construction and power generation.
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