With seasonal demand on the wane, DRAM prices are expected to head south as marketers take a breather following their purchases before the Chinese New Year holidays. In the meantime, sellers rushed to dump their inventories at relatively low prices in order to meet month-end sales target, adding further downward pressure on the memory chip market which has been struggling with bearish demand.

Likewise, contract prices for the benchmark DDR400/333/266 in the first half of February dropped around 6.45%~7.34% as shown on our website on the 3 rd. The average price stood at a low of $3.79.

Sluggish demand continued to weigh on prices for the mainstream items. DDR 400 declined 3% to close at $3.74 on Friday from around $3.9 on January 31, while DDR 333 decreased 3% to $3.67 in the previous week.