China raises both gas and diesel prices by CNY 85 per tonne from the 21st January

China raises both gas and diesel prices by CNY 85 per tonne from the 21st January.

China's decision to raise gas and diesel prices by CNY 85 per tonne signals a tightening in energy supplies, likely reflecting rising demand or cost pressures. This could lead to increased shipping and production costs across various sectors, further inflating prices globally and influencing commodity and currency markets, particularly for those reliant on energy imports.