ChinaSemiconductors▲
Institutions estimate electronic glass fabric supply gap exceeds 100 million meters; Zhongjing Electronics and Xintong Electronics hit daily limit up in a straight line
On August 4, PCB concept stocks rebounded in choppy trading, with Zhongjing Electronics and Xintong Electronics hitting their daily limit up in a straight line. A Citigroup research report shows that electronic glass fabric prices posted their largest single-month increase of the year in August, with the average price of the 1080, 2116, and 7628 series rising 17% to 18%, and cumulative gains of 118% to 165% for the year. GF Securities estimates that under a neutral scenario in 2026, the supply gap for ordinary electronic glass fabric will be approximately 113 million meters, and current industry-wide inventory is at historically extremely low levels. In terms of news, AI power supplies are squeezing traditional supply, with costs being passed on to copper-clad laminates. Kingboard's August spot price for copper-clad laminates including tax may be raised by another 10% to 15%.
About megatrends
Semiconductors › PCB Laminates & Substrate Materials (CCL) ▲Pricing
Critical Materials & Supply Chain › Semiconductor Materials ▲Supply
Semiconductors › Printed Circuit Boards (PCB & HDI) ▲Supply
Artificial Intelligence › Foundry & Advanced Packaging ▼Supply
Artificial Intelligence › AI Compute & Accelerator Silicon Supply
0148.HK · Pricing · Positive Kingboard's August spot price for copper-clad laminates may be raised by another 10-15% due to cost pass-through.
001388.CS · Supply · Positive Electronic glass fabric supply gap and price increases benefit Shandong Senter as a producer in the supply chain.
002579.CS · Supply · Positive Electronic glass fabric supply gap and price increases benefit Huizhou China Eagle as a PCB producer in the supply chain.