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IndonesiaIn Q1 2025, Liquid Silicone Rubber prices settled at USD 4,923/MT FOB Shanghai, maintaining stability with no significant change from Q4 2024. The market showed signs of balance between supply and demand. While feedstock costs remained elevated, output from key Chinese suppliers normalized. Buyers adopted a cautious stance with adequate inventory levels, leading to flat pricing.
In Q4 2024, Liquid Silicone Rubber prices peaked at USD 4,940/MT FOB Shanghai, a 5% increase quarter-over-quarter. Strong order flows ahead of the year-end, combined with delays in Chinese shipments due to regulatory inspections, helped maintain upward pressure. Buyers accelerated procurement to avoid potential price hikes in the new year, contributing to a bullish close to 2024.
In Q3 2024The upward momentum continued in Q3 2024 Liquid Silicone Rubber prices surged to USD 4,688/MT FOB Shanghai, a 12% jump from Q2 2024. This sharp rise was largely fuelled by tight global supply, particularly in East Asia, and surging logistics costs. Key sectors such as automotive, healthcare, and consumer electronics drove aggressive buying, amplifying market pressure.
In Q2 2024, Prices rose to USD 4,184/MT FOB Shanghai for Liquid Silicone Rubber, showing a 9% increase over the previous quarter. This upswing was driven by stronger international demand, particularly from Asia and Europe. Feedstock volatility, coupled with a mild shortage of high-purity silicon inputs, led suppliers to adopt firmer pricing. Restocking activities and seasonal demand further supported the upward trend.
In Q1 2024, Liquid Silicone Rubber prices averaged USD 3,858/MT FOB Shanghai, reflecting a cautious start to the year. The market was largely stable, with demand from downstream sectors like automotive and electronics holding steady. Producers maintained price levels amid manageable feedstock costs and steady export demand, though supply chain efficiency remained under close watch.
In Q1 2025, the Indian Liquid Silicone Rubber market entered Q1 2025 with steady momentum, as prices averaged USD 5,010/MT CIF Nava Sheva importing from China, marking a 2% rise over Q4. While demand stabilized post-holiday season, price firmness continued, supported by ongoing global supply tightness and increased regulatory compliance costs abroad. Forward bookings by cautious buyers helped uphold pricing levels at the fiscal year’s start.
Liquid Silicone Rubber prices continued rising in Q4 2024, reaching USD 5,078/MT CIF Nava Sheva importing from China, showing a 6% increase from the prior quarter. Despite year-end inventory corrections, industrial demand held firm. Ongoing international logistics issues and constrained output in exporting countries sustained upward pricing pressure. Forward buying ahead of expected Q1 2025 hikes added to the firm market tone.
In Q3 2024, the Liquid Silicone Rubber market witnessed a significant rise in India, with prices averaging USD 4,788/MT CIF Nava Sheva importing from China, up by 13% from Q2. The increase was largely due to seasonal restocking and strong demand from the automotive and cable sectors. Tight availability from East Asia and volatile freight rates contributed to higher landed costs, while limited inventories triggered aggressive purchasing activity among buyers.
During Q2 2024, Liquid Silicone Rubber prices climbed to USD 4,262/MT CIF Nava Sheva importing from China, marking a 9% increase over Q1. The price surge was fuelled by tightening global supply and costlier silicon-based feedstocks. Heightened demand for industrial and medical-grade applications, alongside port congestion and extended lead times, added urgency to procurement, reinforcing bullish sentiment in the Indian market.
In Q1 2024, the Indian Liquid Silicone Rubber market recorded modest growth, with prices averaging USD 3,919/MT CIF Nava Sheva importing from China, reflecting a 2% increase from the previous quarter. The rise was driven by renewed demand from the automotive and electronics sectors, along with restocking by manufacturers anticipating stronger consumption. While supply remained largely consistent, optimism in end-use industries helped maintain pricing strength during the quarter.
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Molecular Weight[g/mol]
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Molecular Formula
Silicone Rubber is a highly flexible and durable synthetic elastomer known for its excellent resistance to extreme temperatures and environmental conditions. It is manufactured through the polymerization of siloxanes derived from silicon metal and undergoes vulcanization to enhance its properties. Silicone Rubber is widely used in industries such as automotive, electronics, construction, and consumer goods
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PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
| Property | Specification |
| Density | 1.05 -1.6 g/cm3 |
| Shore A Hardness | 30-60 |
| Tensile Strength | 5-11 N/mm2 |
| Elongation Break | 500 – 530 % |
| Tear Strength | 24- 40 N/mm |
Applications
Liquid Silicone Rubber (LSR) is widely used across industries due to its flexibility, durability, heat resistance, and biocompatibility. Key applications include automotive components (seals, gaskets), electronics, and consumer goods. It is also utilized in industrial seals, food-grade equipment, and aerospace components for its ability to withstand harsh conditions. LSR’s versatility and safety make it ideal for various precision and high-performance applications.
The pricing of Silicone Rubber is primarily influenced by several factors, including the cost of key raw materials like silicon metal and methyl chloride, fluctuations in crude oil prices, and production costs. Supply-demand dynamics, transportation and logistics expenses, and external market conditions such as geopolitical tensions or economic downturns also play a role. Seasonal demand variations in industries like automotive, electronics, and construction can further impact pricing trends.
Silicone Rubber pricing is heavily affected by the fluctuations in the cost of raw materials, particularly silicon metal. When raw material prices increase due to supply constraints or higher production costs, manufacturers pass these costs onto the buyers, leading to higher Silicone Rubber prices. Conversely, when raw material prices drop, procurement heads may see reductions in silicone rubber costs, depending on market conditions.
As of the latest market trends, Silicone Rubber prices have seen volatility due to supply chain disruptions and fluctuating raw material costs. Procurement heads can optimize buying strategies by closely monitoring price forecasts, securing long-term contracts during periods of lower prices, and considering alternative suppliers to mitigate risks. Staying informed on freight costs, market demand, and geopolitical factors can also help in timing purchases effectively.
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