BAIINFO-Monthly Analysis on China GPC Market in Mar. 2026

BAIINFO-China, Domestic GPC market prices mostly ramped up in Mar. Major refineries’ GPC prices generally hiked up. Independent refineries’ GPC prices moved up in early Mar. and slid down in late Mar. Imported GPC shipments turned more active. Compared to the end of Feb., Sinopec refineries’ GPC prices generally soared by RMB 280-890/T. CNPC/PetroChina refineries’ GPC prices mostly ascended by RMB 200-530/T. CNOOC refineries’ GPC prices mostly surged by RMB 450-650/T.

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