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Saturday, October 8, 2011

China to cut retail fuel prices by 300 yuan/t -Xinhua

Sat Oct 8, 2011

BEIJING Oct 8 (Reuters) - China will cut retail ceiling prices for gasoline and diesel by 300 yuan ($47) per tonne effective from Sunday, state news agency Xinhua said on Saturday.

The cut in fuel prices of about 3 to 3.5 percent would be the first this year.

(sourced Reuters)

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