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SunSirs: China PP Markets slightly Rise on October 18

https://www.chemnet.com   Oct 18,2024 SunSirs



On October 18th, the benchmark price of SunSirs PP (melt blown) was 8,087.50 RMB/ton, an increase of 0.15% compared to the beginning of this month (8,075.00 RMB/ton).



On October 18th, the benchmark price of PP (fiber) in SunSirs was 7,925.00 RMB/ton, an increase of 2.76% compared to the beginning of this month (7,712.50 RMB/ton).



On October 18th, the benchmark price for PP (wire drawing) in SunSirs was 7,692.86 RMB/ton, an increase of 1.32% compared to the beginning of this month (7,592.86 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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