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Hongye Silicone: March 2026 Silicone Market Sees Firm Costs,

Hongye Silicone: March 2026 Silicone Market Sees Firm Costs, Steady Price Rises & Gradual Demand Recovery
Publication Date: March 19, 2026

As of mid-March 2026, China's silicone market maintains a steady upward trend backed by strong upstream cost support, with a balanced supply-demand game and resilient industry quotations. As a renowned enterprise deeply engaged in silicone R&D and production for years, Hongye Silicone closely tracks market dynamics to steadily coordinate production scheduling and pricing layout.

The upstream raw material sector provides strong support: the mainstream price of DMC, the core silicone monomer, stays at 14,000-14,300 yuan/ton. Prices of methanol, industrial silicon and other raw materials are rising, coupled with production cuts and limited hoarding by monomer manufacturers, leading to persistent tight raw material supply. Driven by cost transmission, finished products such as silicone sealants and compounded rubber have raised prices, with industry-wide increases concentrated at 5%-10%. Hongye Silicone has optimized its pricing system to ensure stable supply for downstream customers.

The downstream market embraces a spring resumption boom, with rigid restocking in infrastructure, home appliances, new energy and other core fields driving moderate transaction growth. Overseas orders for subdivided products like silicone oil are sufficient, with some manufacturers' orders scheduled until April. Relying on mature production capacity and a complete supply chain, Hongye Silicone accurately meets downstream procurement needs, controls reasonable inventory, and adheres to quality-guaranteed on-demand supply.

Industry analysts point out that the silicone market will maintain a firm operation pattern in the short term with sustained cost support. Hongye Silicone will continue to monitor raw material trends and downstream resumption progress, flexibly adjust procurement and production strategies, stick to quality standards, and provide stable, high-quality silicone products and professional services to global customers.

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