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2026-07-31 20:42 UTC → 2026-08-05 06:13 UTC ·
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Japan-China Japan and China gasoline price changes trends
By the end of July 2026, Japan and China both saw further upward pressure on fuel prices. In early August 2026 Japan’s average regular‑gasoline price steadied at ¥170.10 per litre, halting a three‑week rise. Prices varied by prefecture, with Okinawa at ¥178.90 per litre and Miyagi at ¥163.70. The Ministry of Economy, Trade and Industry reported noted that 18 prefectures saw increases, four were flat and 21 recorded declines. Okinawa officials warned that the average regular‑gasoline price reached 170.10 yen scheduled end of a gasoline tax reduction in May 2027 will cost households ¥9.6 per litre on 29 July, up 0.10 yen from the previous week, with all 27 prefectures recording price changes – Nagasaki at the high end (178.80 yen) islands and Miyagi at the low end (163.90 yen). High‑octane gasoline averaged 180.90 yen ¥2.5 per litre, while diesel held steady at 159.40 yen. These moves came as litre on the main islands, amounting to a ¥38.66 billion hit. The Japanese government continued debating is preparing to discuss a modest increase to its in the gasoline subsidy, from ¥170 subsidy to about ¥175 per litre. In China, the scheduled 15th annual refined‑oil price adjustment took effect on 31 July, raising gasoline by roughly 0.53 yuan per litre and diesel by about 0.58 yuan, adding roughly 27 yuan to in September, up from the cost current ¥170 level, as part of filling a 50‑litre tank. The next adjustment window is set for 14 August. On the same day, broader debate on fuel taxes and long‑term fiscal planning. In China, the National Development and Reform Commission announced a implemented the tenth retail‑price‑cap increase this year to of the retail price caps for year on 31 July, raising gasoline and diesel, lifting caps by 685 yuan per tonne for gasoline and diesel caps by 655 yuan per tonne for diesel, which tonne. This translates to an average price rise of roughly 0.54 yuan per litre for gasoline and 0.56 yuan per litre for diesel. Both actions were attributed to rising diesel, driven by higher global crude prices driven by heightened U.S.–Iran tensions, Red Sea disruptions and broader linked to ongoing Middle‑East conflict. tensions. Both nations continue to grapple with upward pressure on fuel costs and are adjusting subsidies or price caps to mitigate household and industry impacts.