Most of the channel memory products are consolidating at high levels，the price of SODIMM has increased driven by small - volume orders

Although the liquidation behavior of individual traders last week led to a slight loosening of the prices of relevant resources, a few days later, the prices of resources in the trading sector were quickly pushed up again. Judging from the NAND resources released by memory manufacturers recently, the prices of Flash Wafers with a capacity of 512Gb and above have reached two to three times that of the same period in the third quarter. Short - term and individual trading behaviors have failed to change the upward - breaking trend of resource prices.

Since the fourth quarter, memory manufacturers have continuously increased the prices of memory products for various application ends to relieve the production cost pressure brought about by the rising resource prices. However, the prices of memory products have generally doubled, continuously squeezing the tolerance space of the demand side. Only a few customers with urgent replenishment needs have to accept the high prices. In the short term, except that the industry market still has a small number of urgent orders for DDR4 modules to support the price increase, most other memory products have weak transactions and remain sideways at high levels. As memory manufacturers gradually accept high - priced resources, the pressure of price inversion between relevant resources and finished products will continue to intensify.

In terms of upstream resources, the prices of most Flash Wafers increased today. The prices of 1Tb QLC/1Tb TLC/512Gb TLC Flash Wafers rose to $13.20/$14.00/$9.5 respectively, while the prices of DDR remained unchanged for the time being.

Although the channel market is closer to the retail end and overly high prices are more likely to be countered by the demand side, the prices of channel resources are sky - high, and even some channel products are facing price inversion, keeping the prices of relevant finished products high. The prices of channel SSDs/UDIMMs remained unchanged this week.

Recently, small - batch demands have been released by OEM customers, providing impetus for the price increase of SODIMM. Regarding SSDs, some PC customers have started to prepare goods for Q1 next year. Although they are currently in the inquiry stage, based on the expectation that resource prices will continue to increase significantly in the first quarter of next year, suppliers will also adjust the pricing of corresponding SSD finished products following the resource prices.

As the end of the year approaches, while promoting the successive delivery of existing orders, suppliers have gradually started consultations with some mass customers for the new quarter. Judging from the recent inquiry orders, the demand for small - capacity embedded eMMC is relatively stronger. Due to the high prices of large - capacity products, the demand of some customers has shifted to lower - capacity solutions, resulting in greater shipment pressure. In terms of prices, the overall market of embedded products is stable. The prices of eMMC, UFS, and LPDDR4X products this week are the same as those of last week.