Prices for 128Mb memory chips continued to nosedive last month for both the spot and contract markets.

The 30-day rolling average prices of 128Mb DRAMs for May 24 to June 22 for contract users fell to $3.57 in North America, $3.25 in Europe, and $3.57 in Asia, Nikkei Market Access reports, via Asiabiztech.

This was a drop of 7.5 per cent, three per cent and three per cent respectively, according to figures from ICIS-LOR.

Meanwhile, module prices on the spot market also continued to fall, with 128MB DIMMs (PC133) going for $19.38 in North America, $24.70 in Europe and $20.76 in Asia. This represents a fall of 8.5 per cent, 7.2 per cent and 6.2 per cent respectively.

If DRAM prices continue to fall at this rate, rolling average contract prices could drop to under $3 in the space of a month, according to Nikkei Market Access. Similarly, spot prices could fall beneath the $2 mark. ®

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Nikkei Market Access

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