E-mail:bxj@baiinfo.com May 17, 2024 Friday US$1 = RMB 7.1045;
The current position

BAIINFO-Monthly Analysis on China GPC Market in Sep., 2022


Source: BAIINFO     Update Time:2022/9/29 11:51:01     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-China, Domestic GPC shipments were acceptable overall in Sep. Considering the Mid-Autumn Festival and upcoming National Day holidays, downstream users were active in replenishment. Meanwhile, some independent refineries in Shandong cut or suspended production affected by the state tax inspection, driving down market supply. As a result, GPC prices ran buoyant. Sinopec refineries raised prices by RMB 20-80/T. CNPC and CNOOC refineries pushed up prices by RMB 50-650/T. Independent refineries continued adjusting prices by RMB 70-930/T.

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