Commodity-Linked Pricing Model

Transparent pricing based on real commodity market data. Every product price is traceable to raw material benchmarks, converting costs, and a clear margin structure.

Commodity data: SunSirs & Mysteel — March 13, 2026 • Rate: 1 USD = 7.2 CNY

112

SKUs Analyzed

Product Categories

Commodity Benchmarks

38%

Avg. Material Share

1. Commodity Benchmark Reference

Public market prices used as the basis for material cost estimation. All prices are China domestic spot unless otherwise noted.

Material	Benchmark	CNY/ton	USD/kg	Trend	Source	Note
Kraft Paper / Pulp	Kraft Pulp (SHFE)	5,220	$0.725	Stable	SunSirs / SHFE	Shanghai Futures Exchange kraft pulp settlement
Corrugated Base Paper	Corrugated Base Paper (CN Spot)	2,764	$0.384	Stable	SunSirs	China domestic spot price
Wood Pulp (Softwood)	Softwood Pulp (CN Spot)	4,600	$0.639	Flat	SunSirs	China domestic spot — used for tissue, writing paper, labels
Thermal Paper (Coated)	Wood Pulp + Thermal Coating (est.)	3,800	$0.528	Stable	Estimated from pulp + coating premium	Thermal coating adds ~30% premium over base pulp
Coated Art Paper	Coated Paper (CN Spot)	5,800	$0.806	Stable	Estimated from market data	For wrapping paper, art paper, label face stock
LDPE	LDPE (CN Spot)	10,833	$1.504	Declining	SunSirs	Bubble mailers, poly films
HDPE	HDPE (CN Spot)	8,813	$1.224	Slight up	SunSirs	Plastic bags, trash bags
LLDPE	LLDPE (CN Spot)	8,458	$1.175	Declining	SunSirs	Stretch film, pallet wrap
Polypropylene (PP)	PP (CN Spot)	8,660	$1.203	Volatile	SunSirs	Non-woven bags, spunbond fabric
PET	PET (CN Spot)	8,965	$1.245	Rising	SunSirs	Food trays, blister packaging
PVC	PVC (CN Spot)	5,694	$0.791	Rising	SunSirs	Cling film, food wrap
Cotton Yarn	Cotton Yarn 32s (CN Spot)	22,967	$3.190	Stable	SunSirs	Polo shirts, t-shirts, canvas bags
Cotton (Lint)	Cotton 3128B (CN Spot)	16,847	$2.340	Stable	SunSirs	Raw cotton fiber benchmark
Polyester Fiber	PET Fiber (estimated)	8,200	$1.139	Stable	Estimated from PET spot	Vests, uniform blends, softshell
Jute Fiber	Raw Jute (India/Bangladesh)	7,200	$1.000	Rising	CommodityOnline / Price-Watch	Jute bags — imported from Bangladesh/India
Hot Melt Adhesive	EVA-based HMA (FOB China)	15,000	$2.083	Stable	Market estimate	Label adhesive component
Aluminum (Ingot)	Al Ingot (CN Spot)	25,130	$3.490	Slight decline	SunSirs / Mysteel	Thermal bag lining, aluminum foil

2. Product Pricing Breakdown

Material Converting Overhead + Margin

All Bags Films Labels Packaging Workwear

Product	SKU	Material	Benchmark	Commodity Price	Weight	Mat. Cost	Cost Split	FOB Price	Confidence	Notes
Labels
Thermal Labels (All Formats)	TL-150X100-150	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	320.0 g	$0.169	26% / 46% / 28%	$0.650	High	Roll of 150 labels. Weight includes core + backing liner.
Thermal Labels (All Formats)	TL-150X100-500	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	1.1 kg	$0.570	32% / 42% / 26%	$1.800	High
Thermal Labels (All Formats)	DTL-100X150-FF	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	1.1 kg	$0.570	32% / 42% / 26%	$1.800	High	Fanfold format — no core needed
Thermal Labels (All Formats)	DTL-100X60-800	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	520.0 g	$0.275	29% / 44% / 27%	$0.950	High
Thermal Labels (All Formats)	DTL-75X50-800	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	380.0 g	$0.201	31% / 42% / 27%	$0.650	High
Thermal Labels (All Formats)	DTL-58X40-500	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	240.0 g	$0.127	32% / 42% / 26%	$0.400	High
Thermal Labels (All Formats)	TL-500-150	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	1.1 kg	$0.570	48% / 30% / 22%	$1.200	High
Thermal Labels (All Formats)	TL-150-150	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	320.0 g	$0.169	34% / 40% / 26%	$0.500	High
Thermal Labels (All Formats)	TL-58-CONT	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	200.0 g	$0.106	13% / 55% / 32%	$0.800	Medium
Thermal Paper Rolls (POS)	TPR-57X40-11	Thermal Paper	Thermal Paper (Coated)	$0.528/kg	103.0 g	$0.054	54% / 26% / 20%	$0.100	Medium	Calculated paper weight: 57mm × 40m × 45gsm = 103g
Thermal Paper Rolls (POS)	TPR-80X80-11	Thermal Paper	Thermal Paper (Coated)	$0.528/kg	288.0 g	$0.152	30% / 42% / 28%	$0.500	Medium	Calculated: 80mm × 80m × 45gsm = 288g
Thermal Paper Rolls (POS)	POS-80-30	Thermal Paper	Thermal Paper (Coated)	$0.528/kg	289.0 g	$0.153	31% / 42% / 27%	$0.500	Medium
Thermal Paper Rolls (POS)	POS-57-10	Thermal Paper	Thermal Paper (Coated)	$0.528/kg	103.0 g	$0.054	54% / 26% / 20%	$0.100	Medium
Thermal Paper Rolls (POS)	POS-BULK-80	Thermal Paper	Thermal Paper (Coated)	$0.528/kg	324.0 g	$0.171	30% / 42% / 28%	$0.580	Medium	Calculated: 80mm × 90m × 45gsm = 324g
Zebra-Compatible Shipping Labels	ZL-100X150-300	Thermal Paper + Permanent Adhesive	Thermal Paper (Coated)	$0.528/kg	680.0 g	$0.359	30% / 42% / 28%	$1.200	High
Zebra-Compatible Shipping Labels	ZL-100X150-500	Thermal Paper + Permanent Adhesive	Thermal Paper (Coated)	$0.528/kg	1.1 kg	$0.570	32% / 40% / 28%	$1.800	High
Zebra-Compatible Shipping Labels	ZL-100X150-FF500	Thermal Paper + Permanent Adhesive	Thermal Paper (Coated)	$0.528/kg	1.1 kg	$0.581	31% / 42% / 27%	$1.900	High
Thermal Transfer Barcode Labels	TTL-40X30-1K	Coated Paper + Hot Melt Adhesive	Coated Art Paper	$0.806/kg	180.0 g	$0.090	45% / 30% / 25%	$0.050	Medium	Roll price — very competitive at MOQ 5000
Thermal Transfer Barcode Labels	TTL-60X40-1K	Coated Paper + Hot Melt Adhesive	Coated Art Paper	$0.806/kg	320.0 g	$0.160	40% / 35% / 25%	$0.080	Medium
Thermal Transfer Barcode Labels	TTL-80X60-500	Coated Paper + Hot Melt Adhesive	Coated Art Paper	$0.806/kg	380.0 g	$0.190	38% / 37% / 25%	$0.100	Medium
Thermal Transfer Barcode Labels	TTL-100X80-500	Coated Paper + Hot Melt Adhesive	Coated Art Paper	$0.806/kg	520.0 g	$0.260	35% / 40% / 25%	$0.150	Medium
Eco Kraft Paper Labels	KL-50X30-1K	Brown Kraft Paper + Permanent Adhesive	Kraft Paper / Pulp	$0.725/kg	200.0 g	$0.120	48% / 28% / 24%	$0.050	Medium
Eco Kraft Paper Labels	KL-60X40-800	Brown Kraft Paper + Permanent Adhesive	Kraft Paper / Pulp	$0.725/kg	310.0 g	$0.186	47% / 29% / 24%	$0.080	Medium
Eco Kraft Paper Labels	KL-100X50-500	Brown Kraft Paper + Permanent Adhesive	Kraft Paper / Pulp	$0.725/kg	400.0 g	$0.240	40% / 35% / 25%	$0.120	Medium
Eco Kraft Paper Labels	KL-R50-500	Brown Kraft Paper + Permanent Adhesive	Kraft Paper / Pulp	$0.725/kg	180.0 g	$0.108	36% / 38% / 26%	$0.060	Medium	Round die — more waste in cutting
Barcode & Price Labels	BPL-30X10-2K	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	80.0 g	$0.042	42% / 33% / 25%	$0.020	Medium
Barcode & Price Labels	BPL-40X30-1K	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	160.0 g	$0.084	45% / 30% / 25%	$0.030	Medium
Barcode & Price Labels	BPL-50X30-800	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	200.0 g	$0.106	42% / 33% / 25%	$0.050	Medium
Barcode & Price Labels	BPL-60X80-CLR	Thermal Paper + Hot Melt Adhesive	Thermal Paper (Coated)	$0.528/kg	350.0 g	$0.185	37% / 38% / 25%	$0.100	Medium	Color sticker — printing adds converting cost
Carbonless Copy Paper Rolls	CCP-75X60-3P	3-Ply Wood Pulp (White/Pink/Yellow)	Wood Pulp (Softwood)	$0.639/kg	120.0 g	$0.077	51% / 28% / 21%	$0.150	Medium	3-ply carbonless paper — premium over standard paper
Carbonless Copy Paper Rolls	CCP-75X75-3P	3-Ply Wood Pulp (White/Pink/Yellow)	Wood Pulp (Softwood)	$0.639/kg	160.0 g	$0.102	51% / 28% / 21%	$0.200	Medium

3. Pricing Methodology

How We Price Our Products

Our pricing is linked directly to commodity markets and transparent manufacturing costs. We believe buyers deserve to understand how prices are formed — not just what they are.

Material Cost (Commodity-Linked)

The base cost of every product starts with the raw material. We reference public commodity benchmarks from SunSirs (China's leading commodity data platform), Shanghai Futures Exchange, and international market indices. For each product, we identify:

The main raw material — kraft paper, LLDPE resin, cotton yarn, jute fiber, etc.
The closest public benchmark — a tradeable commodity price that tracks the actual input cost.
Material consumption per unit — calculated from GSM, dimensions, thickness, or known unit weights.

Material cost = unit weight (kg) × commodity price (USD/kg)

Converting Cost (Manufacturing)

Converting transforms raw material into the finished product. This includes:

Extrusion, cutting, die-cutting, slitting
Sewing, welding, lamination, coating
Printing, embroidery, branding
Assembly, QC inspection (AQL 2.5), packing

Converting cost varies by product complexity — from ~8% for ultra-simple plastic bags to ~58% for tailored uniform shirts.

Overhead & Margin

Covers factory overhead, energy, logistics coordination, certifications, and supplier margin. Typically 15-30% of FOB price.

Price Change Transparency

When commodity prices change, we communicate the impact clearly:

If LLDPE rises 10%, stretch film FOB adjusts by ~6.8% (68% material share × 10% increase)
If cotton yarn rises 15%, polo shirt FOB adjusts by ~6% (40% material share × 15% increase)
If kraft paper drops 5%, kraft bag FOB drops by ~2.5% (50% material share × 5% decrease)

This formula lets you anticipate price movements and plan procurement accordingly.

Confidence Levels

High — Direct commodity link, known unit weight, verified cost structure
Medium — Commodity proxy used, weight estimated, or multi-material blend
Low — Complex multi-material product, significant estimation required

Data Sources

SunSirs (sunsirs.com) — China domestic spot prices for petrochemicals, paper, metals, textiles
Shanghai Futures Exchange (SHFE) — Kraft pulp, aluminum futures
Mysteel — Steel and metals pricing
CommodityOnline / Price-Watch — Jute and natural fiber pricing (India/Bangladesh)

All prices are indicative benchmarks. Actual factory input costs may vary by ±5-15% depending on grade, volume, and procurement terms.

4. Formula Templates

Paper Products

For kraft bags, mailers, labels, wrapping paper, tissue paper, baking paper.

unit_weight = GSM × area_m2
raw_material_cost = unit_weight_kg × paper_price_per_kg
converting_cost = raw_material_cost × (0.6 to 1.8) // depends on complexity
FOB_price = (raw_material_cost + converting_cost) × (1.15 to 1.35) // overhead + margin

Example — Kraft Paper Bag Medium (KPB-M):

weight = 120 gsm × ~0.54 m² = 65g
material = 0.065 kg × $0.725/kg = $0.047
converting = ~$0.030 // bag forming, handles, printing
overhead = ~$0.022
FOB = $0.099

Plastic Products

For HDPE bags, stretch film, PVC cling film, PET trays, bubble mailers.

unit_weight = area_m2 × thickness_m × density_kg_m3
raw_material_cost = unit_weight_kg × resin_price_per_kg
converting_cost = raw_material_cost × (0.1 to 0.8) // lower for simple films, higher for co-extrusion
FOB_price = (raw_material_cost + converting_cost) × (1.08 to 1.25)

Density references: HDPE = 950 kg/m³, LLDPE = 920 kg/m³, LDPE = 920 kg/m³, PVC = 1350 kg/m³, PET = 1380 kg/m³, PP = 900 kg/m³

Example — Stretch Film Auto (SF-500-12-AUTO):

weight = 0.5m × 2815m × 12μm × 920 kg/m³ = 15.55 kg // actual 16.15 kg with core
material = 16.15 kg × $1.175/kg = $18.98
converting = ~$5.04 // cast extrusion, slitting, winding
overhead = ~$3.98
FOB = $28.00

Fabric / Textile Products

For cotton tote bags, jute bags, non-woven PP bags, polo shirts, t-shirts, aprons, uniforms.

fabric_weight = GSM × fabric_area_m2 // or use known unit weight
raw_material_cost = fabric_weight_kg × fabric_price_per_kg
converting_cost = cutting + sewing + printing/embroidery + QC + packing
FOB_price = (raw_material_cost + converting_cost) × (1.15 to 1.35)

Fabric price references:

Cotton canvas (8-12oz): $2.50–$3.50/kg
Cotton pique (polo knit): $4.00–$5.00/kg
Cotton jersey (t-shirt): $3.50–$4.50/kg
Organic/GOTS cotton: +15-25% premium
Poly-cotton 65/35: $2.00–$3.00/kg
Jute fabric: $0.80–$1.20/kg
Non-woven PP (spunbond): $1.50–$2.50/kg

Example — Cotton Canvas Tote Standard (CT-STD-NAT):

weight = 180g (known) // includes body, handles, stitching
material = 0.180 kg × $2.80/kg = $0.504
converting = ~$0.225 // cutting, sewing, handle attachment
overhead = ~$0.161
FOB = $0.89

General Formula (Any Product)

FOB_price = raw_material_cost + converting_cost + overhead_margin

Where:
• raw_material_cost = weight (kg) × commodity price ($/kg)
• converting_cost = FOB × converting share %
• overhead_margin = FOB × margin share %

Price change impact:
• new_FOB = old_FOB × (1 + commodity_change_% × material_share_%)

Disclaimer: This pricing model uses publicly available commodity benchmarks and industry-standard assumptions. Material shares and converting costs are estimated based on typical industry ratios. Actual factory costs may vary by ±5-15% depending on grade specifications, order volume, seasonal demand, and specific supplier terms. Where exact data was unavailable, reasonable industry estimates have been used and clearly labeled. This model is intended for price transparency and procurement planning — not as a binding quotation.