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BAIINFO-Monthly Analysis on China GPC Market in Apr., 2023


Source: BAIINFO      Update Time:2023/5/5 14:20:38     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-China, Domestic GPC prices registered chaotic trends in Apr. and the average market prices were lower than that in late Mar. As GPC prices had dropped obviously, downstream demand recovered slightly and some refineries held fewer inventories. Compared to the end of Mar., Sinopec refineries held unchanged prices overall. CNPC/PetroChina and CNOOC refineries adjusted prices by RMB 150-1,340/T. Independent refineries’ GPC prices mostly rallied by RMB 50-600/T further.

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