On August 8th, the benchmark price for PP (wire drawing) in SunSirs is 7,255.00 RMB/ton, a decrease of 0.32% compared to the beginning of this month (7,278.33 RMB/ton).

On August 8th, the benchmark price of PP (fiber) in SunSirs is 7,350.00 RMB/ton, a decrease of 0.34% compared to the beginning of this month (7,375.00 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