Evonik increases the price by 35% for fumed silica

Essen, Germany. Evonik is increasing prices on average by 35% for all fumed silica and fumed metal oxides products globally, with immediate effect. Source: Evonik website

Global shortage and price increase of fumed silcia

The price of fumed silica keeps increaseing since 2021. It immediately comes to a historical high point of past decades after the power cuts. Wacker raised the price of silicone products twice in the past 8 months.

More market info:

• Silicon’s 300% Surge Throws Another Price Shock at the World
• China’s power cuts to meet energy use targets may foreshadow shortages of global goods
• WACKER to Raise Prices for Silicones globally (October 2021)
• WACKER to Raise Prices for Silicones globally(March 2021)