Does the mild performance of the DRAM market signal an upcoming rally?

Dom · Jul 30, 2003, 10:38 PM

DDR DRAM chip prices should remain relatively stable this week, as the rally in the first half of July has led to cautious market sentiment and anticipation for lower spot prices as the end of the month approaches. DRAMeXchange predicts that spot prices will remain at current levels at least until contract prices for the first half of August are released. If those contract prices are in line with market expectations for a price surge, the spot market could turn in a favorable performance in the first half of August.

SDRAM prices continue to rise

Following a significant rise in DDR prices in the first half of July, SDRAM prices will continue rising steadily this week. Although SDRAM is no longer a mainstream product and its output as a proportion of total memory output is gradually declining, SDRAM contract prices remain high. This phenomenon has caused a price surge for 133MHz 256Mbit (32Mbit×8) SDRAM from US$3.44 in early July to US$3.87 currently, a rise of 12.5%. We anticipate SDRAM prices to remain stable or continue to increase as output decreases.

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Source: DigiTimes

Jul 30, 2003, 10:38 PM	#1
Dom DriverHeaven Extreme Member Join Date: Jun 2002 Posts: 12,940 Rep Power: 0	Does the mild performance of the DRAM market signal an upcoming rally? DDR DRAM chip prices should remain relatively stable this week, as the rally in the first half of July has led to cautious market sentiment and anticipation for lower spot prices as the end of the month approaches. DRAMeXchange predicts that spot prices will remain at current levels at least until contract prices for the first half of August are released. If those contract prices are in line with market expectations for a price surge, the spot market could turn in a favorable performance in the first half of August. SDRAM prices continue to rise Following a significant rise in DDR prices in the first half of July, SDRAM prices will continue rising steadily this week. Although SDRAM is no longer a mainstream product and its output as a proportion of total memory output is gradually declining, SDRAM contract prices remain high. This phenomenon has caused a price surge for 133MHz 256Mbit (32Mbit×8) SDRAM from US$3.44 in early July to US$3.87 currently, a rise of 12.5%. We anticipate SDRAM prices to remain stable or continue to increase as output decreases. ______________________ Source: DigiTimes