ASSODEL
ASSODEL
Observatory
Quarterly Data

Raw Materials & Impacts

Changes in key raw materials for the electronics supply chain and impacts on product costs.

Copper (LME)
+46%
vs January 2025
90% of raw cabling
Gold (Spot)
+77%
vs January 2025
Chip contacts and connectors
Aluminum
+17%
global vs Jan 2025
USD/CNY (12M)
-5,23%
USD depreciates vs CNY
Equivalent to +cost for USD purchases

Impacts on PCBs and Industrial PCs

Custom Opto, PCBs and mechanics

PCB

PCBs are made up of 4-5% gold and 15-18% copper. According to the cost model, the DL PCB has already recorded a +10% increase by the end of 2025 and further increases are expected in 2026.

Industrial PC

Also impacted by rising DDR costs. IPCs have already seen a +20% cost increase by Jan 2026, with further significant increases expected in H2 2026 in line with the memory market trend.

Market notes

Custom Mechanics - Q1 2026

  • Plastic. +6% top-down from SABIC in EU; APAC stable for H1.
  • Aluminum. +17% globally vs Jan 2025, rising in APAC due to Chinese automotive boom.
  • Brass. +7% globally vs Jan 2025 due to reliance on copper (+45%).
  • Steel. +15% in APAC Q4 2025, further growth expected in 2026; -6% in EU due to flat automotive.
  • Energy. +5% in VN, +6% in EU. Average global inflation +2%.
  • VND/USD exchange rate. VND -4% vs USD, worsening the domestic Vietnamese market.