CITIC Securities: Broad-Based Price Increases Persist for Copper Clad Laminates, Anticipates Robust Profit Growth Ahead
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Author:小编   

According to a research report released by CITIC Securities, leading manufacturers of copper clad laminates (CCLs) have been sequentially announcing price hikes since April, signaling a notable and steady enhancement in their profitability. Through a meticulous examination of the price fluctuations across the supply chain, CITIC Securities forecasts that CCL manufacturers will sustain stable profitability in the first quarter of the current year, with a significant upturn anticipated in the second quarter. In the context of a pro-cyclical economic climate, the rationale behind the substantial price surges for conventional CCLs is well-defined, and a marked improvement in profit margins is likely to materialize in the first half of the year. The CCL industry stands to gain from both the price escalations and the burgeoning expansion of AI applications, with the scale and longevity of the price increases from the second quarter through the latter half of the year potentially surpassing initial projections.