E-mail:bxj@baiinfo.com May 17, 2024 Friday US$1 = RMB 7.1045;
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BAIINFO-Weekly Analysis on China GPC Market (Dec. 22-Dec. 28, 2023)


Source: BAIINFO     Update Time:2023/12/29 12:06:13     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-CHINA, Domestic GPC market performed better than before. Before the New Year’s Day holidays, some downstream plants had rigid demand for raw materials, leading to acceptable trading performance. Coupled with decreasing inventories, CNOOC and independent refineries pushed up prices. This week, Sinopec refineries sustained stable prices. CNPC/PetroChina refineries adjusted prices by RMB 50-150/T. CNOOC refineries generally increased prices by RMB 50-150/T. Independent refineries mostly rai

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