SunSirs: China PE Markets are slightly Falling on January 23
January 23 2025 13:38:53 SunSirs (Selena)
On January 23rd, the benchmark price of LLDPE in SunSirs is 8,441.67 RMB/ton, a decrease of -5.38% compared to the beginning of this month (8,921.67 RMB/ton).
On January 23rd, the benchmark price of LDPE in SunSirs is 10,000.00 RMB/ton, a decrease of -5.21% compared to the beginning of this month (10,550.00 RMB/ton).
On January 23rd, the benchmark price of HDPE in SunSirs is 8,400.00 RMB/ton, a decrease of -2.18% compared to the beginning of this month (8,587.50 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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