SunSirs: China SBR and BR Markets Rise on September 10

https://www.chemnet.com   Sep 10,2024 SunSirs

On September 10th, the benchmark price of styrene butadiene rubber in SunSirs was 15,566.67 RMB/ton, an increase of 0.38% compared to the beginning of this month (15,508.33 RMB/ton).

On September 10th, the benchmark price of Shunding rubber in SunSirs was 15,410.00 RMB/ton, an increase of 0.26% compared to the beginning of this month (15,370.00 RMB/ton).

On September 10th, the styrene butadiene rubber market in Shanghai saw a narrow upward trend. The raw materials butadiene and styrene operate in a narrow range, with downstream inquiries and small orders being the main focus. The ex factory price of styrene butadiene rubber remains strong, and there is a slight adjustment in merchant offers. Qilu, Jihua, Yangzi, and Fushun reported mainstream prices of 1502SBR is 15,700-15,900 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 enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

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