March 2019 Passive Electronic Component Market Research Report

CRL Monthly Review: Passive Electronic Component: Monthly Report: MARCH 2019 Review

MARKET UPDATE:

• CAPACITOR LEAD TIMES TIGHTENED IN MARCH LEAD BY INCREASED DEMAND FOR MLCC AND POLYMER TANTALUM

• THIS REPRESENTED AN “ABOUT-FACE” IN LEAD TIME DECLINES FOR POLYMER TANTALUM AND MLCC.

• MLCC SHORTSGES REMAIN PREVALENT IN HIGH VOLTAGE AND HIGH TEMPERATURE DESIGNS WITH IOT, BASE STATION, AUTO AND AIRCRAFT CUSTOMERS PAYING MORE FOR PARTS.

• ALL LARGE CASE SIZE MLCC (0805 INCH AND ABOVE) NOW IN SHORT SUPPLY

• MEANWHILE, PRIMARY SOURCES IN ASIA REPORT EXCESS CAPACITY FOR MLCC RELATED TO HANDSETS AS INVENTORIES OF 0201,0402 AND 01005 INCH MLCC INCREASE IN TAIWAN AND KOREA.

• RESISTORS CONTINUED TO WEAKEN IN MARCH, BUT RUTHENIUM RAW MATERIAL PRICE REMAINED UNUSUALLY HIGH

• INDUCTORS CONTINUED TO WEAKEN IN MARCH AS LEAD TIMES RELAXED

• RAW MATERIAL PRICES INCREASED FOR THE THIRD STRAIGHT MONTH LEAD BY TROUBLESOME PRICE INCREASES FOR PALLADIUM (SEE MARKETEY ARTICLE ON RAW MATERIALS THIS MONTH)