Global Trade Alert
Global Trade Alert

China: Temporary price control on domestic refined oil (23 March 2026)

Announcement

23 Mar 2026

In March 2026, the Chinese government announced temporary price control measures for domestic petrol and diesel to mitigate the impact of rising international crude oil prices.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Mar 2026

Revocation date:

No revocation date

Updated: 23 Mar 2026
Production subsidy In force

Recent update from 23 Mar 2026:

On 23 March 2026, the Chinese National Development and Reform Commission (NDRC) implemented temporary price control measures for domestic refined oil products. Under the existing pricing mechanism,...

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