Changes in silicone oil prices and influencing factors In recent years, the price of silicone oil has shown a fluctuating upward trend. Starting from early August 2023, major domestic silicone oil manufacturers have raised prices one after another, with some product categories experiencing price increases exceeding 700 yuan/kg. On August 14th, the market price of domestic major brand silicone oil reached 16.5 yuan per kilogram, an increase of 300-700 yuan per kilogram compared to early July, with an increase of over 2.6%.

The main reasons for the rise in silicone oil prices are as follows: firstly, the increase in raw material costs has led to an increase in production costs; Secondly, the strong demand in domestic and international markets, especially the significant increase in export volume, has driven up prices; Thirdly, stricter environmental policies have led to increased production costs and limited production capacity.

At the same time, more leading organic silicon companies have joined the "price hike army". Famous companies such as Dow have announced price increases and will implement price hikes for orders invoiced after a specific date. These measures are conducive to breaking the current vicious competition situation in the industry and promoting the long-term healthy and sustainable development of the market.

However, the rise in silicone oil prices has also brought certain market pressure. Some downstream enterprises are facing the pressure of rising costs and have to adjust their product structure and sales strategies. At the same time, the market competition landscape is also changing, and some weaker companies may face the risk of being eliminated.