SunSirs: China PP Markets is Stable with Slight Decrease on January 7
January 07 2025 14:43:40     SunSirs (Selena)On January 7th, the benchmark price of PP (melt blown) in SunSirs is 8,050.00 RMB/ton, a decrease of -0.46% compared to the beginning of this month (8,087.50 RMB/ton).
On January 7th, the benchmark price of PP (fiber) in SunSirs is 7,775.00 RMB/ton, a decrease of -0.48% compared to the beginning of this month (7,812.50 RMB/ton).
On January 7th, the benchmark price for PP (wire drawing) in SunSirs is 7,643.33 RMB/ton, a decrease of -0.04% compared to the beginning of this month (7,646.67 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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