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On August 24th, the benchmark price of 32S polyester yarn in Shangshang Society was 12800.00 yuan/ton, an increase of 0.59% compared to the beginning of this month (12725.00 yuan/ton).
Application of benchmark pricing in business clubs
Traders can achieve pricing for spot and contract transactions based on the pricing principle of the agreed markup and pricing formula (trading price=business club price+markup).
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