Last moment before Lunar New Year.

Pull-in effect for the Chinese Lunar New Year Holiday

As time approaching to the Chinese Lunar New Year Holiday, market expects the purchase period will gather in late this week toward to early next week. 1H of this week, market activities are still quiet at low volume transactions.

SDRAM spot prices

Commodity PC SDRAM spot prices are holding tight at current stage and expect to pull up a little at end of this week by the pull-in effect for Chinese Lunar New Year Holiday.

Since SMIC began to wafer in around 5K wafer/month at the low density SDRAM, premiums for those low density SDRAM have gone with wind almost a half year. It's been a battle of prices war in low density SDRAM. However, recently low density SDRAM prices have been stabilized for a short term and expected this kind of price can last until Chinese New Year. 1Mx16 is selling at $0.55~$0.6, 2Mx32 is holding at $2.5~$2.6, 4Mx16 is coming up from $1.3~$1.4 to $1.5~$1.6.

DDR spot prices

DDR spot prices will drop down more as time approaching to month-end. Market expects that more products will come out to spot market from DRAM vendors at month end. Market also expect the excess 48% of output from ProMOS, will influence spot market prices.