Multiple Cost Headwinds Drive Price Rises! Hongyejie’s Full

Multiple Cost Headwinds Drive Price Rises! Hongyejie’s Full Analysis on EU Food-Grade Liquid Silicone Price Adjustment (12%-25%) Keywords: Hongyejie, global silicone industry chain, food-grade LSR, platinum catalyst, energy cost, EU trade Summary: Starting May 18, 2026, Hongyejie raises the prices of EU-destined food-grade platinum cured liquid silicone by 12% to 25%. This article analyzes the three core cost drivers, internal coping measures and the industry’s overall development trend. Content:

On May 18, 2026, Shenzhen Hongyejie Technology Co., Ltd. formally announced a price adjustment for all food-grade addition liquid silicone exported to the European Union. All products with FDA and LFGB food safety certifications will be increased by 12% to 25%, with specific increases determined by product grades, formulas and technical specifications. This adjustment applies to all new orders from EU importers.

First, the global supply of platinum catalyst is tight. Platinum is an indispensable core material for food-grade addition liquid silicone. Affected by global resource allocation and supply chain disruptions, platinum prices have risen sharply this year, directly increasing the production cost of high-end silicone. Second, methanol raw materials fluctuate drastically. Methanol is the key intermediate for silicone monomer synthesis. Continuous geopolitical conflicts in the Middle East have disturbed regional energy and chemical logistics, leading to frequent price swings of methanol and raising upstream procurement costs. Third, domestic industrial energy costs keep rising. Silicone production is a high-energy-consumption industry. The continuous increase of industrial electricity prices in China has pushed up the comprehensive manufacturing cost of all silicone products.

Facing the severe cost pressure, Hongyejie has taken two major measures to mitigate the impact. The company has upgraded R&D systems and optimized production formulas to improve overall operational efficiency. Meanwhile, the procurement team adopts a bulk stocking strategy for core raw materials to stabilize procurement prices. However, restricted by the overall tight supply of upstream resources, the above measures can only offset a small part of the increased costs, and a price adjustment is ultimately required.

At present, major silicone manufacturers around the world have successively launched price adjustment plans affected by the same cost factors. Hongyejie’s this price revision is in line with the overall cost-driven trend of the global silicone industry. In the follow-up, Hongyejie will continue to strictly control product quality, maintain complete food safety certifications, and provide stable supply and professional one-stop technical services for EU customers. The company will also keep communicating with partners in a timely manner on market changes and product updates to achieve long-term win-win cooperation.