The urgent order demand in the spot market forms a dynamic support, and the prices of most memory finished products continue to rise!

Looking back at November, the overall spot market for memory maintained a strong upward trend. Even though the prices of finished products were high, customers with low inventory levels were in urgent need of replenishing inventory and had gradually accepted the newly agreed prices. New demands kept accepting new quotations, which provided memory suppliers with more confidence in price increases, thus pushing the prices of related finished products to continuously break through previous highs.

It is worth noting that under the influence of continuous supply control in recent times, UDIMMs and SSDs of some capacities on e - commerce platforms are out of stock. The significant increase in memory prices has been rapidly transmitted to the retail market. The selling prices of UDIMMs and SSDs by online and offline retailers have increased significantly, which will dampen consumers' willingness to buy. Price - sensitive users will downgrade their consumption and choose to buy lower - capacity products within their price - bearing range. Considering that this round of comprehensive price increase has lasted for some time and both spot memory resources and finished product prices are at a high level, the supply and pricing attitudes of memory manufacturers remain the key focus of the market.

In terms of upstream resources, the price of Flash Wafer remained unchanged recently, while the price of DDR increased across the board. Among them, the prices of DDR4 16Gb 3200/16Gb eTT/8Gb 3200/8Gb eTT/4Gb eTT were adjusted to $30.00/$7.80/$11.00/$4.50/$1.72 respectively; the prices of DDR5 24Gb Major/16Gb Major/16Gb eTT were adjusted to $26.00/$19.00/$10.50 respectively.

In the past two months, with the rapid change in the trend of the memory market, some channel suppliers have suspended shipments and order - taking several times. Coupled with the exacerbation of trading behavior, price fluctuations in the channel market have become more intense. At present, some channel manufacturers have suspended public quotations and have switched to quoting only to some major customers separately. Among them, channel SSDs provide a small amount of supply to meet the urgent order demands of some consumer - grade customers, while UDIMMs are preferentially supplied to OEM customers. In addition, the price of spot resources has doubled in just one quarter. The supply side continues to strictly control the supply and release less. There are no low - price channel NAND/DRAM resources in the market. The intensifying cost pressure has made channel manufacturers more eager to raise prices. This week, the prices of channel SSDs and memory modules increased significantly across the board.

Since this quarter, industry suppliers have basically focused on giving priority to meeting the procurement needs of major PC customers and have advanced the delivery process as agreed. At the same time, after more than two months of price - increasing market conditions, the price of Flash Wafer in the spot market is high. Coupled with the fact that the supply from most original manufacturers has not been determined for a long time, it has increased the concerns of industry suppliers about the support of upstream resources and high pricing, making them more cautious in shipping. Recently, for some industrial control customers in urgent need of replenishing inventory, industry suppliers have pushed up the price of SSD products and provided a small amount of supply. The price of SODIMM remains at the level of last week for the time being.

Previously, affected by the EOL of the old production lines of overseas memory manufacturers for LPDDR4X, there has been a certain supply gap in consumer - grade LPDDR4X products. Moreover, the specific supply strategy of memory manufacturers in this quarter has not been implemented yet, making the already tight supply situation even more severe. Memory suppliers, while trying their best to ensure the demands of Tier1 mobile phone customers with larger volumes, find it difficult to provide strong supply support to other non - mobile - phone customers. Although there has been an emergence of inquiry order demands recently, memory suppliers can only strictly control the order - taking volume and continuously increase quotations at the same time. Some storage manufacturers have even suspended shipments several times. This week, the price of LPDDR4X products continued to rise, and the corresponding MCP price was adjusted upwards accordingly.