Official Price Adjustment Notice: Food-Grade Platinum Cured S
Official Price Adjustment Notice: Food-Grade Platinum Cured Silicone for EU Market (Effective May 18)
Keywords: Hongyejie, FDA LFGB silicone, EU import, cost inflation, price revision
Summary: Shenzhen Hongyejie announces a 12%-25% price increase for food-grade addition liquid silicone exported to the European Union, taking effect on May 18, 2026. The adjustment is attributed to continuous rises in platinum, methanol and industrial energy costs.
Content:
Shenzhen Hongyejie Technology Co., Ltd., a professional silicone manufacturer based in Shenzhen, China, issued an official price revision notice on May 18, 2026. All food-grade addition liquid silicone products certified by FDA and LFGB for export to the European Union will see a price increase of 12% to 25%, varying by product grades and technical parameters.
In recent months, the global silicone industry has faced severe cost challenges. Platinum, the core catalyst for addition liquid silicone, has experienced a sharp price surge due to global supply shortages. Meanwhile, Middle East geopolitical conflicts have triggered drastic fluctuations in methanol prices, a key upstream raw material. In addition, the continuous growth of domestic industrial power costs has further pushed up overall manufacturing expenses.
To maintain stable product quality and continuous supply, Hongyejie has upgraded R&D systems and purchased raw materials in large quantities to control costs. However, these internal optimization measures cannot fully absorb the soaring costs. Therefore, the company has to implement this price adjustment, which is consistent with the pricing strategy of mainstream international silicone manufacturers. Hongyejie will continue to provide high-quality, compliant silicone products and professional technical support for all EU partners.
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