Since the beginning of 2016, the price of PCB standard copper foil has risen by more than 50%, and there is no market for price. Due to the production expansion cycle of 1.5-2 years, it is expected that the tight supply and demand of copper foil will continue until the end of 2017 and the first half of 2018.  

Since copper foil is the main raw material of copper clad laminate (accounting for about 40%), copper clad laminate enterprises have increased their prices in response to rising costs since March 2016. In january2017, the price of domestic copper clad laminate rose again. We expect that under the continuous shortage of copper foil, the price trend of copper clad laminate products will continue throughout the year, and the profitability of relevant companies will continue to be optimized.  

The copper foil price increase is good for the company's profits. The great performance flexibility of copper clad laminate enterprises benefits from the rapid development of automotive electronics, new energy vehicles, led small spacing, communication base stations and other subdivisions. The downstream demand of PCB industry is booming. Copper clad laminate enterprises have full orders and stronger bargaining power than before.  

The price rise of copper foil continues unabated. The traditional perception is that the price rise of copper foil raw materials is bad for the profits of copper clad laminate enterprises. However, since the second half of 2016, the copper clad laminate company has continuously increased the product price, and the increase is much higher than the cost increase caused by the price rise of copper foil, thus enjoying excessive profits. In fact, it is a variety with huge performance flexibility. Relevant institutions expect that 2017 will usher in higher performance flexibility.