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. 8-Mar. 14, 2024)


Source: BAIINFO     Update Time:2024/3/15 14:21:10     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-CHINA, Domestic GPC prices kept chaotic trends. Market supply reduced further with more refineries conducting maintenance. However, downstream plants only stockpiled cargos based on rigid demand. Therefore, some refineries adjusted prices flexibly. To be specific, Sinopec refineries pushed up prices by RMB 20-30/T individually. CNPC/PetroChina and CNOOC refineries mostly sustained unchanged prices. Independent refineries’ GPC prices fluctuated by RMB 10-210/T continuously.

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