SunSirs--China Commodity Data Group

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SunSirs: China PP Markets is Stable with Slight Decrease on January 9

January 09 2025 15:33:00     SunSirs (Selena)

On January 9th, 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 9th, the benchmark price of PP (fiber) in SunSirs is 7,762.50 RMB/ton, a decrease of -0.64% compared to the beginning of this month (7,812.50 RMB/ton).

On January 9th, the benchmark price for PP (wire drawing) in SunSirs is 7,630.00 RMB/ton, a decrease of -0.22% 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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