E-mail:bxj@baiinfo.com May 17, 2024 Friday US$1 = RMB 7.1045;
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BAIINFO-Monthly Analysis on China GPC Market in Dec., 2022


Source: BAIINFO      Update Time:2022/12/29 11:09:31     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-China, Domestic GPC prices generally went down in Dec. amid poor trading performance. Logistics had recovered with the pandemic prevention measures easing, but downstream users were still inactive in purchase due to heavy financial pressure at the year end. Sinopec refineries mostly cut prices by RMB 100-800/T. CNPC and CNOOC refineries continued lessening prices by RMB 200-1,500/T. Independent refineries pushed down prices by RMB 230-1,250/T.

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