Hongyejie Applies 6–12% Price Rise on Industrial Condensati
Hongyejie Applies 6–12% Price Rise on Industrial Condensation Silicone for Domestic China Market
Keywords: Hongyejie, industrial condensation liquid silicone, domestic price hike, China mainland
Summary: Effective May 15, Hongyejie rolls out 6%–12% domestic price increase for conventional condensation mold silicone, driven by industrial silicon, utility and domestic transportation cost uptrend.
Detailed Content:
May 15, 2026, Shenzhen Hongyejie released domestic pricing update for regular industrial condensation two-component liquid silicone sold across mainland China, with price climbing 6%–12% based on customer order volume and raw material specification. Sustained industrial silicon price hike from seasonal hydropower shortage in southwest China, rising factory power consumption cost and nationwide road transport expense expansion squeeze production profit margin. Large-scale centralized raw material purchase and production line automation improvement relieve partial cost loss, while ongoing upstream raw material quotation surge leads to inevitable domestic product price adjustment matching domestic silicone factory collective price trend.