Shanghai fuel prices up twice as much as national rise

BEIJING, Nov 10 (Reuters) - China on Tuesday raised fuel prices in Shanghai by twice as much as increases in the rest of the country to reflect higher production costs for cleaner Euro IV fuels used in the city, in line with earlier expectations. [ID:nPEK207889]

The price of widely-used 93-octane gasoline was lifted by about 13 percent to 6.61 yuan per litre and diesel by about 15 percent to 6.50 yuan per litre at the pump in the financial hub, service station staff said.

Shanghai formally introduced Euro IV standard fuel from Nov. 1, 2008, the second Chinese city to do so after Beijing, to reduce pollution and improve air quality in the run-up to next year's World Expo.

China raised national gasoline prices by 6.5 percent and diesel by 7 percent on Tuesday, taking pump prices to their highest ever. [ID:nSP445713]

It also increased ex-factory prices of jet kerosene by about 6.6 percent, while saying it would allow a re-imposition of fuel surcharges on domestic airline passengers.

For a table of China's gasoline and diesel price changes since 2003, please click: [ID:n251849]; for a table of ex-factory jet fuel price changes since 2001, please click: [ID:nSP422137].

For a table of China's retail fuel prices by region, please click [ID:nPEK282391]. It was not immediately clear why the additional increase in Shanghai was not included in the table released by the National Development and Reform Commission. (Reporting by Jim Bai and Tom Miles; Editing by Chris Lewis)