BAIINFO-Weekly Analysis on China GPC Market (Feb. 13-Feb. 26, 2026)

BAIINFO-CHINA, Domestic GPC market performed acceptably. Major refineries’ low-sulfur GPC prices remained stable while mid and high-sulfur GPC prices partially edged up. Independent refineries’ GPC prices showed fluctuations. Imported GPC shipments were ordinary. To be specific, Sinopec refineries’ GPC prices floated up by RMB 20-40/T. CNPC/PetroChina refineries maintained GPC prices stable. CNOOC refineries shipped GPC resources based on orders.

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