E-mail:bxj@baiinfo.com Nov 24, 2024 Sunday US$1 = RMB 7.1942;
The current position

BAIINFO-Weekly Analysis on China GPC Market (Jul. 12-Jul. 18, 2024)


Source: BAIINFO     Update Time:2024/7/19 11:50:31     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-CHINA, Domestic GPC prices registered mixed trends. Social inventories hovered at low level, but downstream demand was hard to strengthen obviously. Hence, refineries adjusted prices flexibly according to actual conditions. To be specific, Sinopec refineries’ GPC prices fluctuated by RMB 20-40/T individually. CNPC/PetroChina and CNOOC refineries generally pushed down prices by RMB 20-100/T. Independent refineries mostly increased prices by RMB 30-150/T except of a few decreases.

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