SunSirs: China PE Markets slightly Fluctuate on November 14
November 14 2024 14:45:21 SunSirs (Selena)
On November 14th, the benchmark price of LLDPE in SunSirs was 8,615.00 RMB/ton, an increase of 1.69% compared to the beginning of this month (8,471.67 RMB/ton).
On November 14th, the benchmark price of LDPE from SunSirs was 10,733.33 RMB/ton, a decrease of -1.23% compared to the beginning of this month (10,866.67 RMB/ton).
On November 14th, the benchmark price of HDPE in SunSirs was 8,500.00 RMB/ton, an increase of 0.29% compared to the beginning of this month (8,475.00 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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