SunSirs--China Commodity Data Group

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SunSirs: China PP Markets is Stable with Slight Increase on December 31

December 31 2024 15:31:31     SunSirs (Selena)

On December 31st, the benchmark price of PP (melt blown) in SunSirs is 8,087.50 RMB/ton, an increase of 0.47% compared to the beginning of this month (8,050.00 RMB/ton).

On December 31st, the benchmark price of PP (fiber) in SunSirs is 7,812.50 RMB/ton, unchanged from the beginning of this month.

On December 31st, the benchmark price for PP (wire drawing) in SunSirs is 7,646.67 RMB/ton, an increase of 0.33% 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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