Many manufacturers have indicated that the MLCC market is showing clear signs of recovery, with prices for some specifications of products increasing by 10%-15% from their lowest point.

"Warming" and "price increase" have become high-frequency words in the current MLCC industry. Several interviewees indicated that the spot prices of MLCC have been gradually increasing since October of last year. The general manager of a MLCC company in South China revealed to reporters that the spot prices of some high-spec products have risen by 10%-15%, while the prices of medium and low-spec products have increased by around 5%-8%. A MLCC upstream barium titanate manufacturer disclosed that a well-known high-end MLCC manufacturer in Guangdong kept their production running non-stop even during the Spring Festival, and an order from a renowned MLCC manufacturer in Hunan is already booked for half a year ahead. An analyst from Fenghua Gaokao Securities told reporters that the company's production capacity utilization has now risen to 80%-90%.