E-mail:bxj@baiinfo.com Feb 02, 2025 Sunday US$1 = RMB 7.1698;
The current position

BAIINFO-Weekly Analysis on China GPC Market (Jan. 17-Jan. 23, 2025)


Source: BAIINFO     Update Time:2025/1/24 12:05:05     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-CHINA, Domestic GPC market remained bullish. On the one hand, downstream users had to stockpile enough cargos for the upcoming Spring Festival holidays. On the other hand, total GPC supply was in shortage recently, giving more support to the market. To be specific, Sinopec refineries pushed up prices by RMB 20-200/T continually. CNPC/PetroChina refineries held unchanged prices overall. CNOOC refineries raised prices by RMB 250-580/T.

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