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Industrial Silicone Oil Prices Rise 2.8% in May on Currency D

Industrial Silicone Oil Prices Rise 2.8% in May on Currency Depreciation

Keywords: industrial silicone oil, price hike, May 2026, local currency depreciation

Summary: industrial silicone oil prices surged 2.8% month-over-month in May, triggered by local currency depreciation and rising cross-border import settlement costs.

Detailed Content: By late May 2026, Brazilian industrial silicone oil prices climbed around 2.8% versus April. Continuous local currency devaluation raised the cost of euro and USD-denominated silicone imports throughout the month. Port import clearance fees also went up slightly. Downstream agriculture rubber accessory and packaging manufacturers accepted price hikes to lock long-term supply. Main warehouse inventories remained low due to delayed offshore cargo arrivals.

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Industrial Silicone Oil Prices Rise 2.8% in May on Currency D

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