SunSirs--China Commodity Data Group

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SunSirs: The Benchmark Prices of China SBR and BR Fall on November 7

November 07 2024 15:24:41     SunSirs (Selena)

On November 7th, the benchmark price of styrene butadiene rubber (SBR) in SunSirs was 15,716.67 RMB/ton, a decrease of -2.78% compared to the beginning of this month (16,166.67 RMB/ton).

On November 7th, the benchmark price of butadiene rubber (BR)in SunSirs was 15,050.00 RMB/ton, a decrease of -3.40% compared to the beginning of this month (15,580.00 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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