SunSirs: China PP Markets is weakly Stable on November 7

https://www.chemnet.com   Nov 07,2024 SunSirs

On November 7th, the benchmark price of Business Society PP (melt blown) was 8,062.50 RMB/ton, an increase of 0.16% compared to the beginning of this month (8,050.00 RMB/ton).

On November 7th, the benchmark price of PP (fiber) in SunSirs was 7,787.50 RMB/ton, unchanged from the beginning of this month.

On November 7th, the benchmark price for PP (wire drawing) in SunSirs was 7,585.71 RMB/ton, unchanged from the beginning of this month.

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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