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Mar 13, 2025 Thursday US$1 = RMB 7.1728

March 14

2025

BAIINFO-Weekly Analysis on China GPC Market (Feb. 21-Feb. 27, 2025)

Source: BAIINFO

Keyword: GPC

Updated: 28-Feb-25 15:57

Abstract:
BAIINFO-CHINA, Domestic GPC transactions diverged. Partial low-sulfur GPC prices moved downward while mid and high-sulfur GPC prices saw tentative growth at major refineries. Independent refineries’ GPC prices extended downtrend at high-end level and bottomed out at low-end level. To be specific, Sinopec refineries mostly pushed up prices by RMB 20-80/T. CNPC/PetroChina refineries raised prices by RMB 130-570/T individually. CNOOC refineries’ GPC prices fell by RMB 150-220/T. Independent refiner
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