Printed circuit board prices surge, with 70% of global PPE resin supply disrupted.

The impact of the Middle East conflict is spreading further from the energy market to the electronics supply chain. CCTV financial reporters have learned that Saudi Arabia's Jubail Industrial Zone previously supplied about 70% of the world's PPE resin. However, as early as the end of March this year, related factories had already ceased production due to blocked shipping in the Strait of Hormuz. Resin is an important material for manufacturing printed circuit boards, with PPE resin being mainly used for high-end products. It is important to note that printed circuit boards are equivalent to the "nervous system" of electronic devices. From smartphones, laptops, routers, to artificial intelligence servers, almost all modern electronic products rely on them. Experts say that if the resin supply interruption continues until the autumn of this year, consumers will truly feel the pressure of price increases. A recent report by Goldman Sachs showed that in April alone, the price of printed circuit boards increased by 40% compared to March. The stock price of US printed circuit board manufacturer Xunda Technology has risen by more than 400% in the past year.