E-mail:bxj@baiinfo.com May 07, 2024 Tuesday US$1 = RMB 7.1002;
The current position

BAIINFO-Weekly Analysis on China GPC Market (Feb. 23-Feb. 29, 2024)


Source: BAIINFO     Update Time:2024/3/1 15:37:23     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-CHINA, Domestic GPC prices showed mixed trends. Low-sulfur GPC prices slipped individually amid slowing shipments, while mid and high-sulfur GPC prices ran bullish overall with acceptable trading performance. To be specific, individual Sinopec refineries pushed up prices by RMB 20-150/T continually. Some CNPC/PetroChina refineries adjusted prices by RMB 20-50/T. CNOOC refineries lessened prices by RMB 50-70/T. Independent refineries’ GPC prices mostly dropped by RMB 20-340/T.

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