SunSirs: The Benchmark Prices for China PP are slightly Up and Down on May 16
May 16 2025 13:43:29     SunSirs (Selena)On May 16th, the benchmark price of PP (fiber) in SunSirs is 7,450.00 RMB/ton, an increase of 0.51% compared to the beginning of this month (7,412.50 RMB/ton).
On May 16th, the benchmark price for PP (wire drawing) in SunSirs is 7,440.00 RMB/ton, a decrease of -0.56% compared to the beginning of this month (7,481.67 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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