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The Middle East conflict disrupted supplies of key raw materials and drove PCB prices up as much as 40% in April, according to Goldman Sachs. Iran struck Saudi Arabia's Jubail petrochemical complex in early April, halting production of high-purity PPE resin. SABIC, which supplies ~70% of the material, has not resumed output. AI server demand accelerated price increases as shipping disruptions tightened global supply.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Middle East conflict disrupted supplies of key raw materials and drove up printed
00:06circuit board prices used in electronics, according to Reuters. The disruption adds
00:10pressure on electronics manufacturers already facing high memory chip costs and shows how
00:15the Iran war is expanding its impact across supply chains, plastics, and oil.
00:19Iran struck Saudi Arabia's Jubail petrochemical complex in early April,
00:24halting production of high-purity PPE resin, a critical base material.
00:28SABIC, which supplies about 70% of the material, has not resumed output.
00:33Shipping disruptions have tightened global supply.
00:36PCB prices rose as much as 40% in April from March, Goldman Sachs said.
00:41Demand for AI servers accelerated price increases.
00:44Suppliers are negotiating price increases as costs rise across materials.
00:48For all things money, visit Benzinga.com.
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