| Source: | BAIINFO Update Time:2023/5/31 10:57:51 【Print】【Collection】 |
| Keywords: | GPC |
| Summary: | BAIINFO-China, Domestic GPC shipments were acceptable in May and the average market prices were higher than that in late Apr. More refineries overhauled coking units in May, driving down market supply. Meanwhile, downstream plants did not have enough feedstocks, leading to healthy demand. Therefore, GPC prices remained stable-to-upward overall. Compared to the end of Apr., Sinopec refineries raised prices by RMB 60-160/T individually. CNPC/PetroChina and CNOOC refineries adjusted prices by RMB 20-750/T. Independent refineries’ GPC prices mostly climbed by RMB 50-400/T. |
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