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


Source: BAIINFO      Update Time:2023/6/29 14:19:32     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-China, Domestic GPC transactions slowed in Jun. and the average market prices got lower than that in late May. With import cost slipping, traders were active in shipments. Thus, downstream plants kept strong watching sentiment, depressing sales of domestic resources. Compared to the end of May, individual Sinopec refineries pushed up prices by RMB 20-60/T further. CNPC/PetroChina and CNOOC refineries adjusted prices by RMB 100-400/T. Independent refineries mostly lessened prices by RMB 20-450/T.

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