SunSirs: China PP Markets is Stable and Rising on November 15
November 15 2024 14:55:54     SunSirs (Selena)On November 15th, the benchmark price for SunSirs PP (melt blown) was 8,050.00 RMB/ton, unchanged from the beginning of this month.
On November 15th, the benchmark price of PP (fiber) in SunSirs was 7,812.50 RMB/ton, an increase of 0.32% compared to the beginning of this month (7,787.50 RMB/ton).
On November 15th, the benchmark price for PP (wire drawing) in SunSirs was 7,585.71 RMB/ton, unchanged from the beginning of this month.
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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