Spot price rises on western market

Silent in Asian market for Lunar New Year Holiday.

Happy Chinese and Lunar New Year to most of Asian countries. This time while Asian market is sleeping; US and Europe markets are rising up the spot price in the market. Dunno it's really lacking supply from Asian market or just plays payback of last trick Asian market did while Western was in Christmas Holiday? Just kidding......it's holiday, don't be so serious.

Spot will continue up after Asian Holiday.

The truth is the spot price on the channels keeps tracing high, most of marketers believes that spot price will continue up after Asian holiday over. After holiday, marketers believe spot will trace the contract price's trend and try to be above the contract price if demand is really there.

Too early to tell the demand and supply for 2Q.

Lots of people are curious about how the price trend will be for 2nd quarter. Well, it's really too early to tell right now. Even we don't really justify the March's situation, although we believe market price won't crash and contract price will try to rise again. But the DRAM market is always fragile.