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Institutions estimate electronic glass fabric supply gap exceeds 100 million meters; Zhongjing Electronics and Xintong Electronics hit daily limit up in a straight line
On August 4, PCB concept stocks rebounded in choppy trading, with Zhongjing Electronics and Xintong Electronics hitting their daily limit up in a straight line. A Citigroup research report shows that electronic glass fabric prices posted their largest single-month increase of the year in August, with the average price of the 1080, 2116, and 7628 series rising 17% to 18%, and cumulative gains of 118% to 165% for the year. GF Securities estimates that under a neutral scenario in 2026, the supply gap for ordinary electronic glass fabric will be approximately 113 million meters, and current industry-wide inventory is at historically extremely low levels. In terms of news, AI power supplies are squeezing traditional supply, with costs being passed on to copper-clad laminates. Kingboard's August spot price for copper-clad laminates including tax may be raised by another 10% to 15%.