●The price index considers and covers VAT and consumption tax factors.
●The figure above is a comparison of historical data to obtain China 150N (II) base oil price index curve, supplemented by the historical data curve of international petroleum WTI and China 0# diesel price as a reference basis to ensure the rationality and authority of the index.
●The benchmark data is collected from the listing price of 150N (II) published by the main producer in China.
●The corrective factor is the transaction price of the smallest slot truck for the users.
●Data collection and price index release period is every ten days.
●The data is a price index and doesn’t represent the price of the producer.
