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

BAIINFO-Weekly Analysis on China GPC Market (Jun. 28-Jul. 4, 2024)


Source: BAIINFO     Update Time:2024/7/5 12:18:47     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-CHINA, Domestic GPC market kept weak scenario. Downstream plants sustained limited demand for raw materials, leading to lackluster trading performance. To be specific, Sinopec refineries generally pushed down prices by RMB 30-150/T. CNPC/PetroChina and CNOOC refineries mostly cut prices by RMB 20-150/T further. Independent refineries adjusted prices by RMB 10-100/T continually.

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