SunSirs--China Commodity Data Group

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SunSirs: China PP Markets slightly Fluctuate on September 6

September 06 2024 14:11:06     SunSirs (Selena)

On September 6th, 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 6th, the benchmark price of PP (fiber) in SunSirs was 7,775.00 RMB/ton, an increase of 0.16% compared to the beginning of this month (7,762.50 RMB/ton).

On September 6th, the benchmark price for PP (wire drawing) in SunSirs was 7,700.00 RMB/ton, a decrease of -1.10% 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).

 

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