BAIINFO-Weekly Analysis on China GPC Market (Sep. 4-Sep. 10, 2026)

BAIINFO-CHINA, Domestic GPC shipments were divergent. Major refineries’ GPC prices mostly moved up. Independent refineries’ mid-sulfur GPC prices slid down while high-sulfur GPC prices floated up. Imported GPC shipments remained more active. To be specific, Sinopec refineries’ GPC prices mostly ascended by RMB 20-350/T. CNPC/PetroChina refineries’ GPC prices rose by RMB 20/T individually. CNOOC refineries’ GPC prices mostly grew by RMB 50-130/T.

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