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SunSirs: China PP Markets slightly Fluctuate on September 5

https://www.chemnet.com   Sep 05,2024 SunSirs



On September 5th, the benchmark price of Business Society PP (melt blown) was 8,137.50 RMB/ton, an increase of 0.15% compared to the beginning of this month (8,125.00 RMB/ton).



On September 5th, the benchmark price of PP (fiber) in SunSirs was 7,787.50 RMB/ton, an increase of 0.32% compared to the beginning of this month (7,762.50 RMB/ton).



On September 5th, the benchmark price for PP (wire drawing) in SunSirs was 7,764.29 RMB/ton, a decrease of -0.28% compared to the beginning of this month (7,785.71 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).



 



If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.


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