Shin-Etsu Raises Global Silicone Prices by 10% Effective May
Keywords: Shin-Etsu, silicone price hike, global supply, Hongye Silicone
Summary: Shin-Etsu Chemical increases all silicone product prices by 10% globally from May 1, citing rising energy and feedstock costs.
Detailed Content:
On April 17, 2026, Japan’s Shin-Etsu Chemical (global top 4 silicone manufacturer) announced a 10% price increase across all silicone product lines, effective May 1 for all shipments. The company attributes the hike to sustained rises in crude oil, naphtha, natural gas, and packaging/logistics costs, which have eroded profit margins. This move tightens global silicone supply, prompting buyers worldwide to accelerate order placements and secure inventory. As a Chinese manufacturer, Hongye Silicone maintains stable pricing for global customers through long-term raw material agreements and efficient supply chain management, offering a competitive alternative to international brands amid global price hikes.
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