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May 01

2025

BAIINFO Highlights-China GPC Market Analysis in H1 2023 and Forecast in H2 2023

Source: BAIINFO

Keyword: GPC

Updated: 12-Jul-23 13:54

Abstract:
BAIINFO-China, Domestic GPC prices fluctuated significantly in H1 2023. Refineries mostly operated at full load and some newly-built capacities were put into running. Meanwhile, imported resources arrived in China intensively as overseas market was tepid, leading to ample supply. However, downstream demand was weak overall, dragging down GPC prices.
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