Speculative trading took place in the DRAM spot market this week (June 21-25) as some China-based traders/brokers realized that the weakening US dollar against the Chinese yuan allowed them to buy at cheaper costs, according to the latest data.
Fundamental demand showed no meaningful improvement this week. Despite speculation about leading memory module houses planning to raise prices, price trend did not change much. The speculative trading stimulated by the exchange rate changes failed to shore up prices.
In the NAND flash market, some unexpected demand was driven by GPS makers in China this week. These makers sourced branded memory cards after finding that memory cards made using non-branded memory chips were insufficient to store maps. But such unexpected demand improvement may not last long.