On August 16th, the benchmark price of SunSirs PP (melt blown) was 8,087.50 RMB/ton, a decrease of -0.15% compared to the beginning of this month (8,100.00 RMB/ton).
On August 16th, the benchmark price of PP (fiber) in SunSirs was 7,775.00 RMB/ton, unchanged from the beginning of this month.
On August 16th, the benchmark price for PP (wire drawing) in SunSirs was 7,785.71 RMB/ton, a decrease of -0.55% compared to the beginning of this month (7,828.57 RMB/ton).
Application of SunSirs Benchmark Pricing
Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.