SunSirs--China Commodity Data Group

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SunSirs: China PE Markets slightly Rise on October 22

October 22 2024 14:57:41     SunSirs (Selena)

On October 22nd, the benchmark price of LLDPE in SunSirs was 8,455.00 RMB/ton, an increase of 2.38% compared to the beginning of this month (8,258.33 RMB/ton).

On October 22nd, the benchmark price of LDPE from SunSirs was 11,100.00 RMB/ton, an increase of 5.71% compared to the beginning of this month (10,500.00 RMB/ton).

On October 22nd, the benchmark price of HDPE in SunSirs was 8,525.00 RMB/ton, an increase of 4.92% compared to the beginning of this month (8,125.00 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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