SunSirs: China PE Markets are slightly Falling on February 7
February 07 2025 15:10:17 SunSirs (Selena)
On February 7th, the benchmark price of LLDPE in SunSirs is 8,295.00 RMB/ton, a decrease of -1.60% compared to the beginning of this month (8,430.00 RMB/ton).
On February 7th, the benchmark price of LDPE in SunSirs is 9,900.00 RMB/ton, a decrease of -0.50% compared to the beginning of this month (9,950.00 RMB/ton).
On February 7th, the benchmark price of HDPE in SunSirs is 8,382.50 RMB/ton, a decrease of -0.21% compared to the beginning of this month (8,400.00 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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