SunSirs--China Commodity Data Group

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Commodity News

SunSirs: China PP Markets is Rising on December 16

December 16 2024 15:46:14     SunSirs (Selena)

On December 16th, the benchmark price of PP (melt blown) in SunSirs was 8,087.50 RMB/ton, an increase of 0.47% compared to the beginning of this month (8,050.00 RMB/ton).

On December 16th, the benchmark price of PP (fiber) in SunSirs was 7,825.00 RMB/ton, an increase of 0.16% compared to the beginning of this month (7,812.50 RMB/ton).

On December 16th, the benchmark price for PP (wire drawing) in SunSirs was 7,641.67 RMB/ton, an increase of 0.27% 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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