[Insights] Memory Spot Price Update: NAND Price Cuts Could Deepen as China’s Double 11 Nears

---

---

According to TrendForce’s latest memory spot price trend report, regarding DRAM, spot prices for DDR5 products have finally stabilized this week as contract prices have room for further hikes. As for NAND flash, the story seems to be different as the wave of price slashes is only going to become even more apparent as China’s Double 11 shopping festival approaches. Details are as follows:

DRAM Spot Price:

Regarding DDR5 products, spot prices have stabilized this week as contract prices have room for further hikes, and there have also been occasional small price hikes in spot transactions. As for DDR4 products, spot prices show signs of stabilization but have experienced the same kind of increase as DDR5. Overall, demand remains weak for consumer products, suggesting further price drops are possible. The average spot price of mainstream chips (i.e., DDR4 1Gx8 2666MT/s) has fallen by 0.31% from US$1.911 last week to US$1.905 this week.

NAND Flash Spot Price:

The reduction of inventory has become the priority for the spot market that is currently experiencing sluggishness in demand and purchase sentiment, seeing how truncations have been frequently happening among retail and channel markets, where several module houses of a larger scale are even selling their client SSD at a loss just to get rid of existing inventory. This wave of price slashes is only going to become even more apparent as China’s Double 11 shopping festival approaches. Spot market prices are thus expected to remain on the downward trajectory. 512Gb TLC wafers have dropped by 0.08% this week, arriving at US$2.493.