E-mail:bxj@baiinfo.com Jan 29, 2025 Wednesday US$1 = RMB 7.1698;
The current position

BAIINFO-Monthly Analysis on China GPC Market in Jan., 2025


Source: BAIINFO     Update Time:2025/1/27 10:06:19     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-China, Domestic GPC prices emerged several rounds of hikes in Jan. On the one hand, more domestic refineries cut production and imported resources were also restricted, leading to tight supply. On the other hand, downstream demand was healthy before the Spring Festival, especially for mid and low-sulfur sponge coke. Compared to the end of Dec., Sinopec refineries generally raised prices by RMB 40-600/T. CNPC/PetroChina and CNOOC refineries pushed up prices by RMB 50-1,060/T.

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