Nanya Technology says contract prices for DRAM chips are expected to rise by at least 5 percent this month:
DRAMeXchange's latest comments suggest a similar situation. The price tracker believes contract prices for mainstream DDR3 memory are set to recover from the bottom seen in the first half of February. Prices had declined by up to 50% during the fourth quarter of 2010, DRAMeXchange added.
Sources at memory module makers pointed out that an earlier rally in DRAM spot prices helped stabilized contract prices for early February. Thanks to inventory replenishing demand prior to the Lunar New Year, DDR3 spot prices soared as much as 20%. The sources expect spot pricing to gain momentum once again in March and spur prices upward in the contract market.