DRAM Spot Market
The situation in the spot market has not noticeably changed from last week and is still showing sluggish demand. Additionally, as mentioned in previous bulletins, there has been an influx of chips stripped from decommissioned server DRAM modules. These chips primarily come from the two major South Korean suppliers’ legacy processes and are reused in PC DRAM and consumer DRAM products after software modifications. In terms of performance, the reused chips from the Korean suppliers can reach a data rate of 3200MT/s. Overall, the presence of these reused chips continues to exert downward pressure on spot prices, particularly for DDR4 products. The average spot price of mainstream chips (i.e., DDR4 1Gx8 2666MT/s) fell by 0.27% from US$1.497 last week to US$1.493 this week.

NAND Flash Spot Market

The spot market remains unaffected by the quarterly list prices of suppliers that have increased or leveled certain packaged dies, where sluggishness is seen lingering among overall demand under sporadic inquiries. In addition, concluded prices are still dropping slowly due to the lack of urgency among clients under sufficient stocks of the current spot market. 512Gb TLC wafer spots have dropped by 0.14% this week, arriving at US$1.402.

TrendForce has released the latest spot prices of memory, which have continued to decline due to the impact of the stagnant market conditions. Both DRAM and NAND Flash spot prices have dropped further. The details are as follows:

DRAM Spot Market:

Compared with last week, the spot market is still not showing a noticeable improvement in terms of trading activities. Sellers are under a certain amount of pressure because some module houses have already stocked up in advance, and the demand from channels remains fairly weak. Hence, spot prices of DDR4 and DDR5 products continue to register daily drops. The average spot price of the mainstream chips (i.e., DDR4 1Gx8 2666MT/s) fell by 0.27% from US$1.501 last week to US$1.497 this week.

NAND Flash Spot Market:

There has been no apparent WoW improvement to the dynamics of the NAND Flash spot market this week. Several module houses, having elevated their inventory in advance, are now experiencing a certain extent of sales pressure from a lack of betterment in demand among channel markets, which led to an on-going drop of NAND Flash prices. 512Gb TLC wafer spots have dropped by 0.28% this week, arriving at US$1.404.

TrendForce has released the latest spot prices for DRAM and NAND Flash, indicating that market demand remains weak and there are no signs of a rebound in spot prices. The details are as follows.

DRAM Spot Market:

Similar to the contract market, the spot market is still showing weak demand, and spot prices on the whole have been registering small daily declines. There is no indication of a turnaround anytime soon. Both spot prices of DDR4 and DDR5 products are falling as channel customers are restrained with respect to stock-up activities. The average spot price of the mainstream chips (i.e., DDR4 1Gx8 2666MT/s) fell by 0.33% from US$1.506 last week to US$1.501 this week.

NAND Flash Spot Market:

Recent spot market transactions remain relatively apathetic under sporadic inquiries and sluggish demand, and concluded prices of NAND Flash products are still slowly dropping due to the lack of stimulation from seasonal order pulls. 512Gb TLC wafer spots have dropped by 0.21% this week, arriving at US$1.408.

DRAM Spot Market
Regarding recent developments in the spot market, there have been sporadic price upticks for low-priced DDR4 products. Meanwhile, prices of DDR5 products have kept falling due to the plentiful chip supply. Unlike the contract market, the spot market has been relatively unaffected by discussions about the possibility of price hikes, and spot trading as a whole is rather tepid. Furthermore, module houses were previously quite aggressive in stocking up, so they are now eager to sell as their inventories remain at a fairly high level. The average spot price of the mainstream chips (i.e., DDR4 1Gx8 2666MT/s) dropped by 0.13% from US$1.517 last week to US$1.515 this week.

NAND Flash Spot Market
Spot market demand, different from that of the contract market, remains relatively sluggish recently, where concluded prices are still dropping due to sufficient stocks, despite a slight increment in price inquiries. 512Gb TLC wafer spots have dropped by 0.28% this week, arriving at US$1.413.

TrendForce’s latest research indicates that, as production cuts to DRAM and NAND Flash have not kept pace with weakening demand, the ASP of some products is expected to decline further in 2Q23. DRAM prices are projected to fall 13~18%; NAND Flash is expected to fall between 8~13%.

DRAM Spot Market

In the spot market, the trajectory of prices of DDR5 chips is going to be a highlight in the short term. Some sellers are now willing to lower quotes on DDR5 products that have been enjoying price hikes for many consecutive days. However, there have been few to no actual transactions, so TrendForce will continue to closely monitor changes in the prices of these products. As for spot prices of DDR3 and DDR4 products, they are still on a downward trajectory with no sign of easing. The average spot price of mainstream chips (i.e., DDR4 1Gx8 2666MT/s) fell by 1.33% from US$1.575 last week to US$1.554 this week.

NAND Flash Spot Market
Suppliers continue to enlarge in production cuts. Despite the insignificant increase in spot market demand, the continuously shrinking output of small-capacity wafers, as well as the attempt at price revitalization among a number of suppliers, have pulled up demand and transactions of low-priced inventory within the spot market, which led to a small price increment. However, mainstream wafer prices have yet to suspend in decline. 512Gb TLC wafer has dropped by 0.21% this week, arriving at US$1.427.