October 22, 2024
On October 22nd, the benchmark price of Business Society PP (melt blown) was 8,087.50 RMB/ton, an increase of 0.15% compared to the beginning of this month (8,075.00 RMB/ton).
On October 22nd, the benchmark price of PP (fiber) in SunSirs was 7,912.50 RMB/ton, an increase of 2.59% compared to the beginning of this month (7,712.50 RMB/ton).
On October 22nd, the benchmark price for PP (wire drawing) in SunSirs was 7,642.86 RMB/ton, an increase of 0.66% compared to the beginning of this month (7,592.86 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).
