SunSirs--China Commodity Data Group

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Commodity News

SunSirs: China SBR and BR Market Fluctuted Down on August 28

August 28 2024 15:18:36     SunSirs (Selena)

On August 28th, the benchmark price of styrene butadiene rubber (SBR) in SunSirs was 15,175.00 RMB/ton, an increase of 0.17% compared to the beginning of this month (15,150.00 RMB/ton).

On August 28th, the benchmark price of BR in SunSirs was 14,860.00 RMB/ton, a decrease of -1.39% compared to the beginning of this month (15,070.00 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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