E-mail:bxj@baiinfo.com Jul 13, 2025 Sunday US$1 = RMB 7.1475;
The current position

BAIINFO-Weekly Analysis on China GPC Market (May 24-May 30, 2024)

Source: BAIINFO     Update Time:2024/5/31 11:55:47     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-CHINA, Domestic GPC market saw gloomy scenario overall. Downstream plants were inactive in procurement due to heavy financial pressure at the month end. Thus, refineries adjust prices flexibly according to different trading performance. To be specific, Sinopec refineries pushed up prices by RMB 60-120/T individually. CNPC/PetroChina refineries mostly sustained unchanged prices. CNOOC refineries generally lessened prices by RMB 20-80/T.

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