Copper Clad Plate Market To Meet The Tide Of Price Rises, Industry Giants Orders Have Been Lined Up To The End Of The Year

It is reported that recently the domestic copper-clad plate market ushered in a surge in prices. On September 6, HB/O of board (wall thickness) will be increased by RMB10/HKD10 since this month. On August 30, Jiaozuo Aoriwang increased the thickness of all medium and high conductivity aluminum-clad plates by 5 yuan/square meter; On August 28, Villibond raised HB5 yuan/sheet, 22F, CEM-110 yuan/sheet.

Raw material prices, downstream demand to promote copper-clad plate prices

The main raw materials of copper-clad panels include electronic copper foil, glass fiber, and epoxy resin, among which copper foil cost accounts for 30%-50%, glass fiber cloth cost accounts for 25%-6-40% and epoxy resin cost accounts for 25%-30%.

Analysis shows that with the price of upstream materials rising, superimposed on the downstream consumer electronics, new energy vehicles, communications, and other fields of steady growth in demand, the copper-clad industry will usher in marginal improvement.

Raw material prices continue to rise, increased cost pressure is the main reason for the price rise of the copper-clad plates. Affected by the sharp rise in prices of raw materials bisphenol A and epichlorohydrin, the price of epoxy resin in China continues to rise recently, with the price approaching 36,000 yuan/ton, while the price was less than 30,000 yuan/ton at the end of June.

In terms of copper foil, new energy vehicles are highly prosperous, lithium copper foil demand increases, coupled with the profit rate of lithium copper foil is higher than copper clad copper foil, a large number of copper foil suppliers will shift the production focus to lithium copper foil, copper-clad copper foil production is squeezed. At the same time, part of the production equipment of copper foil needs to be imported from the United States and Japan, and it takes at least two years to pick up the goods after placing an order, so it is difficult to rapidly expand the production of copper foil.

In addition, from the demand side, in the backdrop of the global economic recovery, the electronics industry for a strong rebound in 2020 and continues to grow, the consumption, new energy vehicles, and other areas of the application of explosive growth, cell phone to send updates, with "curtilage economy" as the theme of home appliances, game consoles, laptops products, 5 g communication network and server synchronization growth, driven by PC B Demand continues to improve. Copper-clad PCB as the upstream, its sales growth drivers are the same as PCB industry.

Orders are booked through the end of the year

According to the industry news, now the copper cladding orders have been lined up to the end of this year, and the order delivery cycle is very long, almost 10 days before, now basically to 30-45 days. Domestic copper-clad company ultrasonic electronics in the investor interactive platform said that the company's printed board and copper-clad business overall orders are full.

Overall, expected in the second half of the material supply is still in a tight state. Under the situation of a repeated epidemic this year, the company has seized the consumer and automobile markets, including Mini LED, new energy electronic vehicles, laptop and game machine products, according to the changes of market hot spots. These markets have shown explosive growth.

Born on copper-clad in the second half of the year, current material delivered price is still a rose slightly, market focus in the field of high-end consumption and new energy vehicles, in the first half of a few large terminals after completion of the tender we see communication class order and server order also in gradually recovering, if the second half of the boom of high-end consumption, car maintain high, communication, the server also continues to release order Single, raw material prices remain high, the company's product supply is still tight, do not exclude the possibility of adjusting product prices according to specific orders.