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


Source: BAIINFO     Update Time:2023/11/30 12:05:17     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-China, Domestic GPC prices extended downtrend in Nov. Most of refineries operated at full load, leading to abundant supply. However, aluminum-used carbon industry stayed tepid and some plants suffered losses, depressing demand for GPC. Compared to the end of Oct., Sinopec refineries sustained unchanged prices overall. CNPC/PetroChina and CNOOC refineries cut prices by RMB 100-600/T further. Independent refineries’ GPC prices generally slipped RMB 20-400/T.

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