Memory Spot Price Updates: DRAM and NAND Flash Prices Soaring at Relatively High Levels

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DRAM Spot Market:

Even though the National Day holiday period has ended in China, the situation in the spot market is similar to that in the contract market. Specifically, spot trading has slightly declined due to insufficient actual demand. However, spot prices remain relatively high despite the lack of procurement activities. This is because sellers have not been actively offering price concessions to stimulate sales. The average spot price of mainstream chips (i.e., DDR4 1Gx8 2666MT/s) rose by 1.96% from US$1.533 last week to US$1.563 this week.

NAND Flash Spot Market:

Spot buyers are carrying on with their enlarged replenishment of inventory as buyers are generally dedicated to dropping wafer provision. With that being said, spot price for 512Gb that has now risen to US$2 has somewhat slowed down the speed of price increment, which led to a price consolidation this week. 512Gb TLC wafer spots have dropped by 0.21% this week, arriving at US$1.931.