Silicone oil price surge in Delhi Market (Business Opportunities - Advertising Service)
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Item ID 3176619 in Category: Business Opportunities - Advertising Service
Silicone oil price surge in Delhi Market | |
Delhi, May 26, 2025: The price of Silicone Oil Wacker 1000 grade has witnessed a slight upward movement in the Delhi market over the past two days. On May 24, the product was trading at Rs.269 per kg, and by May 26, it had increased to Rs.271 per kg. This Rs.2 rise, though modest, is being closely watched by traders and industrial buyers alike. Market sources in Delhi suggest that the price hike has been driven by steady demand across sectors coupled with slightly tighter supply conditions. While there hasn’t been any major disruption, distributors report mild delays in international shipments and firm freight rates, which have contributed to the price adjustment. Demand from industries such as cosmetics, pharmaceuticals, textiles, and electronics—where silicone oil plays a critical role—has remained stable, keeping market momentum intact. Wacker Chemie AG, a Germany-based multinational, is the primary producer of Wacker 1000 grade silicone oil and a dominant name in the global silicone industry. Other leading international producers include Momentive Performance Materials (USA), Shin-Etsu Chemical Co. (Japan), and Elkem ASA (Norway). These companies supply a significant share of the world’s silicone oil requirements, often through their regional distribution networks. In India, although most of the high-grade silicone oil is imported, several local players are active in blending and repacking. Companies such as MR Silicone, Supreme Silicones, and Siltech Corporation India serve as key Indian distributors and processors, ensuring availability in domestic markets like Delhi, Mumbai, and Bengaluru. While analysts believe this recent price increase is not drastic, they caution that further movements may occur depending on global shipping trends, raw material availability, and forex fluctuations. For now, end-users are expected to absorb the marginal cost impact without significant downstream pricing pressure. Silicone oil remains an essential material across multiple industries due to its stability, lubricating properties, and thermal resistance. Even minor fluctuations in its pricing can influence broader manufacturing costs—making every shift worth tracking for producers and buyers alike, Silicone oil Prices in India, Indian Silicone oil Prices, Indian Prices Silicone oil, Indianpetrochem. #SiliconeoilpricesinIndia #IndianSiliconeoilprices #IndianpricesSiliconeoil #Indianpetrochem | |
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| Target State: All States Target City : delhi Last Update : 26 May 2025 8:47 PM Number of Views: 78 | Item Owner : rubberfiber Contact Email: Contact Phone: (None) |
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2025-06-16 (0.384 sec)