The Chinese government has raised domestic jet fuel prices to CNY7,725 ($1,222) per ton, up 3.48% from CNY7,465 per ton as the cost of international oil continues to climb. This is the second time the Chinese government has raised domestic fuel prices this year. Beijing increased domestic fuel price by 1.43% to CNY 7465 per ton in February (ATW Daily News, Feb. 2). Since July 2011, Beijing has made monthly adjustments to domestic fuel prices based on fluctuating international fuel ...

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