SunSirs: The Benchmark Prices of China SBR and BR is Rising on December 18
December 18 2024 15:07:03     SunSirs (Selena)On December 18th, the benchmark price of styrene butadiene rubber (SBR) in SunSirs is 14,941.67 RMB/ton, an increase of 1.99% compared to the beginning of this month (14,650.00 RMB/ton).
On December 18th, the benchmark price of butadiene rubber (BR) in SunSirs is 13,920.00 RMB/ton, an increase of 4.04% compared to the beginning of this month (13,380.00 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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