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The current position

BAIINFO-Monthly Analysis on China GPC Market in Feb., 2024


Source: BAIINFO     Update Time:2024/2/29 15:22:43     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-China, Domestic GPC prices went down after up in Feb. Affected by the Spring Festival holidays, downstream plants were active in replenishment in early-to-mid Feb. Coupled with reducing supply, GPC prices generally climbed. In late Feb., downstream users gradually finished procurement and GPC shipments slowed accordingly, dragging down the prices. Compared to the end of Jan., Sinopec refineries raised prices by RMB 20-290/T continually.

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