BAIINFO-Weekly Analysis on China GPC Market (May 22-May 28, 2026)

BAIINFO-CHINA, Domestic GPC market diverged by shipments. Major refineries’ low-sulfur GPC prices slid down while mid and high-sulfur GPC prices registered fluctuations. Independent refineries’ GPC prices showed fluctuations. Imported GPC prices edged up partially. To be specific, Sinopec refineries’ GPC prices vibrated by RMB 20-200/T. CNPC/PetroChina refineries’ GPC prices mostly descended by RMB 150-610/T. CNOOC refineries’ GPC prices fell by RMB 200/T individually.

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