Hongyejie Raises Prices of Food-Grade Addition Liquid Silicon

Hongyejie Raises Prices of Food-Grade Addition Liquid Silicone for EU by 12%-25%

Keywords: Hongyejie, food-grade liquid silicone, platinum cured silicone, price increase, EU market Summary: Effective May 18, 2026, Shenzhen Hongyejie has lifted the prices of FDA and LFGB certified food-grade platinum cured liquid silicone for EU clients, with an overall increase ranging from 12% to 25%. Content:
On May 18, 2026, Shenzhen Hongyejie officially released a price adjustment notice targeting all EU importers. The prices of the company’s full range of food-grade addition liquid silicone have been increased by 12% to 25% based on different product specifications. The price hike is mainly driven by three major cost pressures: surging platinum catalyst prices caused by tight global supply, volatile methanol raw materials affected by Middle East geopolitical tensions, and rising industrial electricity costs in China. Although the company has optimized R&D efficiency and adopted bulk raw material procurement to ease cost growth, these measures can only offset a small part of the increased expenses. This price adjustment is in line with the overall cost-driven price trend of global silicone manufacturers across Europe and Asia.