On November 18th, the benchmark price of butadiene rubber (BR) in SunSirs was 10,800.00 RMB/ton, a decrease of 3.14% compared to the beginning of this month (11,150.00 RMB/ton).

On November 18th, the benchmark price of styrene butadiene rubber (SBR) in SunSirs was 10,966.67 RMB/ton, a decrease of 2.81% compared to the beginning of this month (11,283.33 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