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The current position

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


Source: BAIINFO     Update Time:2024/3/28 11:47:43     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-China, Domestic GPC prices edged up overall in Mar. More refineries curtailed or suspended production, boosting GPC market from supply end. However, downstream carbon plants were still cautious about replenishment due to long-term losses. Coupled with abundant imported resources, GPC prices only saw mild growth. Compared to the end of Feb., Sinopec refineries pushed up prices by RMB 20-250/T. CNPC/PetroChina and CNOOC refineries adjusted prices by RMB 50-250/T.

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