Domestic low-sulfur CPC market stays firm with smooth shipments. Feedstock prices remain stable-to-upward, giving enough support to low-sulfur CPC market. Mid and high-sulfur CPC transactions are still lackluster, dragging down market prices. Enterprises all suffer stronger inventory pressure.
Given good trading performance and high cost, low-sulfur CPC prices are likely to remain flat tomorrow. Lacking effective support from both upstream and downstream side, mid and high-sulfur CPC prices may see more downsides later.
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Post time: Feb-14-2023