BAIINFO-Weekly Analysis on China GPC Market (Feb. 27-Mar. 5, 2026)

BAIINFO-CHINA, Domestic GPC market prices ramped up significantly. Major refineries’ GPC prices mostly went up. Independent refineries’ GPC prices saw sharp increases. Imported GPC shipments were acceptable. To be specific, Sinopec refineries actively raised GPC prices. CNPC/PetroChina refineries’ GPC prices mostly rose by RMB 20-100/T. CNOOC refineries’ GPC mostly ascended by RMB 50-500/T. Independent refineries’ GPC prices mostly grew by RMB 10-580/T.

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