SunSirs: China PP Markets is Rising on December 5
December 05 2024 16:02:40     SunSirs (Selena)On December 5th, the benchmark price of PP (melt blown) in SunSirs is 8,075.00 RMB/ton, an increase of 0.31% compared to the beginning of this month (8,050.00 RMB/ton).
On December 5th, the benchmark price of PP (fiber) in SunSirs is 7,825.00 RMB/ton, an increase of 0.16% compared to the beginning of this month (7,812.50 RMB/ton).
On December 5th, the benchmark price for PP (wire drawing) in SunSirs is 7,630.00 RMB/ton, an increase of 0.11% compared to the beginning of this month (7,621.43 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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