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

BAIINFO-Analysis on China GPC Market (Feb. 8-Feb. 22, 2024)


Source: BAIINFO     Update Time:2024/2/23 11:52:05     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-CHINA, Domestic GPC prices stayed bullish overall due to acceptable shipments. Earlier this week, GPC prices generally went up as downstream plants were active in purchase after the Spring Festival holidays and GPC inventories were insufficient for a long time. Closing to the weekend, downstream users turned cautious about replenishment successively, dragging down GPC prices slightly. To be specific, Sinopec refineries mostly raised prices by RMB 20-130/T. CNPC/PetroChina refineries push

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