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Memory market: Koreans against the calm

Yesterday’s announcement
contract prices by Korean manufacturers caused a small surge in activity
in the spot market, resulting in 256/512 MB DDR400 SDRAM Samsung
rose in price to $ 48 and $ 98, respectively, however, price changes for this
the type of Hynix memory did not happen, although the demand for chips and DDR266 modules remained the same
high.

China also announced new contract prices for
memory, which, coupled with the rise in prices for processors and hard drives in the region, led
to the fact that the price of DDR266 has reached its “temporary” ceiling and ceased
change. It seems that in China there is a possibility of the start of price fluctuations for
this type of memory – the price difference of DDR266 / 400 chips is $ 0.06.
In such conditions, the most profitable from the point of view of sellers is PC133
– the demand for which is high, but factors that could stop the rise in prices
not yet.

The Hong Kong Memory Exchange, awakened from hibernation, provided the most
accurately reflecting the situation in the Asian region:

Market participants agree that the main obstacle to their successful
trade is DDR400, the price of which does not change due to lack of demand
end users and limits the price increase for other types of memory.
Apparently, DDR266 will soon cease to be profitable – too active
it is being sold lately and its prices are growing too fast. Probability
the increase in the number of transactions next week is extremely small, the purchase of memory
will be strictly normalized.

Perhaps there will be a little more interest in non-brand memory. Price increases are projected
on DDR266 and PC133 SDRAM, although growth rates may fall for the first type of memory
to the end of the week. DDR333 purchases will be small in volume, which should not change
prices compared to current level.

It looks like Korean memory manufacturers have announced contract prices for a reason
only yesterday – probably all this time since the beginning of the month the situation was assessed.
Some traders believe that the announcement took place at one of the most critical moments
for the market when the decline in activity began to drag on.

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