On February 24th, the benchmark price for PP (wire drawing) in SunSirs was 6,640.00 RMB/ton, a decrease of 1.19% compared to the beginning of this month (6,720.00 RMB/ton).
On February 24th, the benchmark price of PP (fiber) in SunSirs was 6,762.50 RMB/ton, an increase of 1.69% compared to the beginning of this month (6,650.00 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).
SunSirs has been continuously tracking price data for over 200 commodities for more than 15 years, please contact support@sunsirs.com for subscription.
