"The strike on SABIC's Jubail petrochemical complex halted production of the resin used to make PCB laminates, leading to a 40% surge in prices in April alone."
"SABIC accounts for approximately 70% of the world's supply of high-purity polyphenylene ether (PPE) resin, critical for manufacturing printed circuit boards."
"The tightening of PPE availability worldwide has rippled directly into PCB prices, as the laminate is not readily substitutable and alternative suppliers do not exist at the required scale."
"Victory Giant warned that the Middle East conflict could push up prices for key materials, including resin and copper, due to Gulf shipping disruptions."
In early April, Iranian forces attacked SABIC's Jubail petrochemical complex, halting production of high-purity polyphenylene ether resin essential for printed circuit boards. This disruption led to a 40% price increase in PCBs in April. SABIC supplies about 70% of the global PPE resin market, and the halt in production has created significant supply pressures. Additionally, copper prices, which constitute 60% of PCB manufacturing costs, are also expected to rise due to the ongoing conflict and shipping disruptions in the Gulf region.
Read at TNW | Insider
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