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The Benchmark Prices of China SBR and BR is slightly Stable on December 16

December 17, 2024

Latest company news about The Benchmark Prices of China SBR and BR is slightly Stable on December 16

On December 16th, the benchmark price of styrene butadiene rubber (SBR) in SunSirs was 14,941.67 RMB/ton, an increase of 1.99% compared to the beginning of this month (14,650.00 RMB/ton).

On December 16th, the benchmark price of butadiene rubber (BR) in SunSirs was 13,920.00 RMB/ton, an increase of 4.04% compared to the beginning of this month (13,380.00 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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