According to data from various agencies, in October, the price of electronic cloth continued its upward trend, with a month-on-month increase of more than 10%. Guojin Securities Research Report shows that since October, the price of electronic cloth has once again risen by 1.5 yuan/meter. E-yarn G75 has risen by 3,000 yuan/ton, and thin cloth has risen by 2.5 yuan/meter. A number of leading listed companies in the electronic cloth industry said in an interview with reporters that the electronic cloth industry as a whole is in a tight inventory balance, and the price increase for thin cloth is even greater. Since this year, the production capacity of electronic yarn and electronic cloth invested by China's Jushi and Jiantao Group has been implemented at an accelerated pace, relieving market supply pressure to a certain extent. In addition, leading companies in the industry have increased their electronic cloth production capacity. Since the construction cycle is generally around 18 months, it is expected that additional production capacity will be implemented one after another before the end of 2027. In the face of strong demand for downstream AI, electronic distribution is expected to continue the boom cycle. In addition, a number of listed copper-clad board companies told the reporter that for copper-clad board companies, the increase in the price of upstream electronic cloth will cause costs to rise, but due to strong demand for downstream printed circuit boards, the increase in raw material prices can be effectively transmitted downstream. As to whether the increase in PCB price can be transmitted to the terminal, a copper-clad listed company told the reporter that for many terminal products, PCBs account for a very small proportion of the cost. Apart from PCBs, the prices of electronic components such as capacitors, resistors, and wires are also rising. The overall demand for such products in computing power construction is currently quite strong, and the industry's price increase logic has not changed.

According to data from various agencies, in October, the price of electronic cloth continued its upward trend, with a month-on-month increase of more than 10%. Guojin Securities Research Report shows that since October, the price of electronic cloth has once again risen by 1.5 yuan/meter. E-yarn G75 has risen by 3,000 yuan/ton, and thin cloth has risen by 2.5 yuan/meter. A number of leading listed companies in the electronic cloth industry said in an interview with reporters that the electronic cloth industry as a whole is in a tight inventory balance, and the price increase for thin cloth is even greater. Since this year, the production capacity of electronic yarn and electronic cloth invested by China's Jushi and Jiantao Group has been implemented at an accelerated pace, relieving market supply pressure to a certain extent. In addition, leading companies in the industry have increased their electronic cloth production capacity. Since the construction cycle is generally around 18 months, it is expected that additional production capacity will be implemented one after another before the end of 2027. In the face of strong demand for downstream AI, electronic distribution is expected to continue the boom cycle. In addition, a number of listed copper-clad board companies told the reporter that for copper-clad board companies, the increase in the price of upstream electronic cloth will cause costs to rise, but due to strong demand for downstream printed circuit boards, the increase in raw material prices can be effectively transmitted downstream. As to whether the increase in PCB price can be transmitted to the terminal, a copper-clad listed company told the reporter that for many terminal products, PCBs account for a very small proportion of the cost. Apart from PCBs, the prices of electronic components such as capacitors, resistors, and wires are also rising. The overall demand for such products in computing power construction is currently quite strong, and the industry's price increase logic has not changed.