Shares of KB LAMINATES (HKG: 01888) soared 5.27% during Tuesday's intraday trading session.
The surge follows reports of a significant global supply chain disruption for a key material used in printed circuit board (PCB) manufacturing. A critical industrial zone in Saudi Arabia, which supplied approximately 70% of the world's PPE resin, has been offline since late March due to shipping disruptions. This resin is essential for producing high-end PCBs, the foundational components in electronics from smartphones to AI servers. Industry analysts warn that continued disruption could lead to further consumer price pressures.
As a major PCB producer, KB LAMINATES is positioned to benefit from the resulting tight market conditions. The company notes that clients are currently prioritizing delivery capability over cost sensitivity. In response to rising input costs and strong demand, KB LAMINATES plans to implement a product price increase exceeding 15% in the second quarter of 2026, with potential for further hikes. The firm has already issued multiple price adjustments this year, including a recent notice on May 27th raising prices for its board materials and PP products.
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