Chinese monopoly jet fuel supplier cuts prices $6/b

摘要

Hong Kong-China National Aviation Fuel Holding Company has cut jet fuel prices for domestic airlines by Yuan 330/mt ($6.10/barrel) for the first quarter of 2009, Chinese newspaper China Business News reported January 21.CNAF holds a virtual monopoly on jet fuel supply to airports in China. The report did not say from what level the prices had been lowered.