BAIINFO-Weekly Analysis on China GPC Market (Jan. 5-Jan. 8, 2026)

BAIINFO-CHINA, Domestic GPC trading performance was acceptable. Major refineries’ GPC prices stayed largely stable with some corrections. Independent refineries’ GPC prices pulled up. Imported GPC transactions turned a bit active. To be specific, some Sinopec refineries slightly adjusted GPC prices within RMB 40-60/T. CNPC/PetroChina refineries’ GPC prices rose by RMB 30/T individually. CNOOC refineries’ GPC prices partially ascended by RMB 150-200/T.

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