By factors such as rising raw material for copper foil, glass cloth supply shortage, leading copper clad plate deep grass-roots level 6, new price, including FR4 copper clad increases as high as 20 yuan each, it is understood that industry enterprises are expected to follow other prices. In July, we raised prices for three consecutive times, and the price of PCB and PP were respectively 10 yuan/zhang and 10% respectively.

Copper clad industry, the industrial concentration is higher, pricing power basic construction of the deep, South Asia, have good science and technology (600183), and other leading hands, so in the case of important raw material shortages and price increases, copper clad enterprises can undertake price conduction in a timely manner, and the opportunity to improve profitability. As the PCB industry enters the peak season, multiple industries, including new energy vehicles and mobile phones, achieve double-digit annual growth in demand for PCB, laying the foundation for the increase of copper price. The world is expected to have $9 billion in printed circuit board market demand by 2020. The biggest copperplate (CCL) factory has raised prices again, meaning that the upstream and downstream supply chain will also follow up. From last year's big copper plate manufacturer's price increase trend, the price increase will continue. As China steps into the 5G era, consumer electronics are facing a new round of development, which will set off a bigger demand for copper plates.