E-mail:bxj@baiinfo.com Nov 23, 2024 Saturday US$1 = RMB 7.1942;
The current position

BAIINFO-Weekly Analysis on China GPC Market (Jul. 5-Jul. 11, 2024)


Source: BAIINFO     Update Time:2024/7/12 11:17:01     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-CHINA, Domestic GPC market was described as gloomy. Major refineries stabilized prices overall and independent refineries adjusted prices flexibly. Downstream demand was hard to completely kick, leading to limited deals. To be specific, Sinopec refineries’ GPC prices consolidated gradually with individual drops of RMB 80/T. Some CNPC/PetroChina and CNOOC refineries continued lessening prices by RMB 20-130/T.

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