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BAIINFO-Monthly Analysis on China GPC Market in Jul., 2024


Source: BAIINFO     Update Time:2024/8/1 14:05:34     【Print】【Collection】
Keywords: GPC
Summary: BAIINFO-China, Domestic GPC prices extended downtrend overall in Jul. Market supply did not change obviously, giving mild effect on price trend. Some downstream plants increased replenishments, but the support for whole GPC market was limited. As major users from aluminum and anode material industries held soft demand, GPC shipments were unsmooth. Compared to the end of Jun., Sinopec refineries generally pushed down prices by RMB 20-440/T.

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