Kingboard Raises Prices on FR-4 and PP Prepreg Due to Raw Material Costs and Strong Demand

Southern Copper reported second-quarter net sales of US$4.289 billion, up 40.6% year on year to a record, with first-half sales up 38.4% to US$8.54 billion. Second-quarter net income was US$1.670 billion, up 71.6%, and first-half income rose 69.2%. Copper output was 230,662 tonnes in the quarter, down 3.5% sequentially, and 461,206 tonnes in the half, down 3.8% year on year as Peruvian mines fell about 12%. The company lifted its 2026 copper guidance to 917,000 tonnes from 910,000. The LME copper average was US$6.04 per pound, up 30%.

According to SMM, Malaysia’s earlier tightening of scrap import regulations prompted many recycled copper processors to shift operations to Thailand. However, as Thailand has recently strengthened environmental oversight, some companies are again seeking alternative locations, including the Philippines and Vietnam. Despite this, Malaysia retains clear advantages in logistics, language and industry infrastructure. A recent improvement in recycled copper raw material imports through Malaysian ports has further encouraged companies to return. Some firms are already preparing to move back, while others are assessing the feasibility of doing so.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 28 Aug , 2026