BAIINFO-Weekly Analysis on China GPC Market (Mar. 13-Mar. 19, 2026)

BAIINFO-CHINA, Domestic GPC market performed acceptably. Major refineries’ low-sulfur GPC prices edged up individually, and mid and high-sulfur GPC prices mostly moved up. Independent refineries’ GPC prices were stable-to-up. Imported GPC prices floated up. To be specific, Sinopec refineries’ GPC prices generally grew by RMB 10-160/T. CNPC/PetroChina refineries’ GPC prices rallied by RMB 30/T individually. CNOOC refineries’ GPC prices partially fell by RMB 50-130/T.

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