Extended Chinese Holidays Slow Trading, Memory Spot Prices Stay Fairly High

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DRAM Spot Market:

As China’s National Day holiday approaches, the frequency of buyers making transactions has dropped. However, transaction prices remain fairly high, and there are no clear signs indicating that prices in the spot market will buckle in the near term. The average spot price of mainstream chips (i.e., DDR4 1Gx8 2666MT/s) rose by 0.33% from US$1.500 last week to US$1.505 this week.

NAND Flash Spot Market:

Participants of the spot market have slightly dropped in transaction frequency as the National Day Golden Week is just around the corner, with overall concluded prices maintained on an ascending trend, and a continuance of subsequent purchase willingness will depend on the market sentiment and the actual level of demand after the long holiday. 512Gb TLC wafer spots have climbed 3.47% this week, arriving at US$1.818.