SunSirs: China PP Markets slightly Fluctuate on September 5
September 05 2024 14:26:16 SunSirs (Selena)
On September 5th, the benchmark price of Business Society PP (melt blown) was 8,137.50 RMB/ton, an increase of 0.15% compared to the beginning of this month (8,125.00 RMB/ton).
On September 5th, the benchmark price of PP (fiber) in SunSirs was 7,787.50 RMB/ton, an increase of 0.32% compared to the beginning of this month (7,762.50 RMB/ton).
On September 5th, the benchmark price for PP (wire drawing) in SunSirs was 7,764.29 RMB/ton, a decrease of -0.28% compared to the beginning of this month (7,785.71 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.
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