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May 01

2025

BAIINFO-Weekly Analysis on China GPC Market (Apr. 18-Apr. 24, 2025)

Source: BAIINFO

Keyword: GPC

Updated: 25-Apr-25 16:23

Abstract:
BAIINFO-CHINA, Domestic GPC market performed poorly. Major refineries’ GPC prices registered stable-to-down scenario with individual rallies. Independent refineries’ GPC prices mostly went down. Imported GPC shipments slowed down. To be specific, Sinopec refineries’ GPC prices partially fluctuated by RMB 30-180/T. CNPC/PetroChina refineries maintained prices stable. CNOOC refineries’ GPC prices descended by RMB 190-200/T.
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