SunSirs: China PP Markets is Stable with Slight Increase on December 26
December 26 2024 15:04:49     SunSirs (Selena)On December 26th, 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 26th, the benchmark price of PP (fiber) in SunSirs is 7,800.00 RMB/ton, a decrease of -0.16% compared to the beginning of this month (7,812.50 RMB/ton).
On December 26th, the benchmark price for PP (wire drawing) in SunSirs is 7,638.33 RMB/ton, an increase of 0.22% 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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