E-mail:bxj@baiinfo.com May 06, 2024 Monday US$1 = RMB 7.0994;
The current position

BAIINFO-Weekly Analysis on China GPC Market (Mar. 1-Mar. 7, 2024)


Source: BAIINFO     Update Time:2024/3/8 14:28:43     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-CHINA, Domestic GPC prices emerged ups and downs. Market supply declined as more refineries cut production or overhauled units, but downstream plants were still cautious about replenishment, leading to chaotic price trends. To be specific, some Sinopec refineries raised prices by RMB 30-50/T further. CNPC/PetroChina and CNOOC refineries adjusted prices by RMB 30-150/T. Independent refineries’ GPC prices continued fluctuating by RMB 10-250/T.

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