Samsung receiving large quantity order will drive NAND Flash price upward in the Spot Market, says DRAMeXchange

Taipei, February 9th, 2009, since the recent capacity cut done by some NAND Flash vendors had caused the chip supply to decrease sharply in spot market, some NAND Flash buyers switch their procurement orders to Samsung. Therefore NAND Flash spot market supply showed signs of tightness and stimulated a strong rally of today’s price. DRAMeXchange believes that there is still upside for the short term NAND Flash price to go up.

According to the DRAMeXchange data, 1H February NAND Flash contract price basically remained up within the range of 0% to 10%. About the spot price, since that some buyers’ orders had switched to Samsung, and some buyers need to continuously increase their inventory level after Lunar New Year Holidays. Some agencies say that NAND Flash suppliers are adjusting shipment in order to stabilize their main customers. Meanwhile, major market suppliers may hold on to this chance and try to adjust the price. Under the continuous stimulations of the market information, there are chances for NAND Flash price to continue rebounding in the short term.