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


Source: BAIINFO      Update Time:2023/8/2 16:25:30     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-China, Domestic GPC market ran bullish overall in Jul. and the average market prices were higher than that in late Jun. Given healthy buying interest and insufficient inventories, domestic GPC transactions were active. Imported GPC shipments also sped up in accordingly. Compared to the end of Jun., Sinopec refineries raised prices by RMB 20-450/T. CNPC/PetroChina and CNOOC refineries adjusted prices by RMB 50-800/T. Independent refineries mostly pushed up prices by RMB 30-500/T.

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