SunSirs: China PP Markets is weakly Stable on November 19

https://www.chemnet.com   Nov 19,2024 SunSirs

On November 19th, the benchmark price of Shengyishe PP (melt blown) was 8,037.50 RMB/ton, a decrease of -0.16% compared to the beginning of this month (8,050.00 RMB/ton).

On November 19th, the benchmark price of PP (fiber) in SunSirs was 7,812.50 RMB/ton, an increase of 0.32% compared to the beginning of this month (7,787.50 RMB/ton).

On November 19th, 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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