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BAIINFO Highlights-China GPC Market Analysis in H1 and Forecast in H2 2021


Source: BAIINFO      Update Time:2021/7/7 11:13:29     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-China, In H1 2021, China GPC market was obviously affected by change of supply-demand condition. In Jan-Apr., refineries overhauled units intensively and GPC output kept decreasing, while downstream carbon production was stable. Thus, GPC prices ran buoyant due to tight supply. As refineries resumed operation and inventories at ports accumulated gradually, market supply had recovered since May. Considering cost and financial pressures, downstream buying interest weakened, driving down GPC prices.

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