Kingboard Laminates' stock surged 5.07% during intraday trading on Wednesday, reflecting strong investor interest.
The rally was driven by a renewed wave of price increases across the copper clad laminate (CCL) industry since early April. Kingboard has recently raised prices on all laminate and prepreg products by 10%, fueled by surging downstream demand and rising raw material costs.
The company benefits from a vertically integrated supply chain and large-scale high-end electronic glass fabric production capacity, giving it a notable competitive edge. Additionally, robust AI-driven demand continues to lift PCB supply chain valuations, with multiple AI-PCB companies reporting strong order books and operating at full capacity.
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