On September 30th, the benchmark price of Business Society PP (melt blown) was 8,062.50 RMB/ton, a decrease of -0.77% compared to the beginning of this month (8,125.00 RMB/ton).

On September 30th, the benchmark price of PP (fiber) in SunSirs was 7,687.50 RMB/ton, a decrease of -0.97% compared to the beginning of this month (7,762.50 RMB/ton).

On September 30th, the benchmark price for PP (wire drawing) in SunSirs was 7,542.86 RMB/ton, a decrease of -3.12% 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).

From:SunSirs