[Insights] Memory Spot Price Update: DRAM Spots Top Contracts, Sentiment Cautious Ahead of Q2 Negotiations

According to TrendForce’s latest memory spot price trend report, regarding DRAM, as current spot prices remain higher than contract prices, and negotiations for 2Q26 pricing have not yet started, an overall wait-and-see atmosphere prevails. Meanwhile, NAND spot prices maintain an upward trend, climbing 14.7% for 512Gb TLC wafers this week, though buyers remain in a wait-and-see mode. Details are as follows:

DRAM Spot Price:

The spot market remained subdued following the Lunar New Year holiday, with both inquiries and quotations notably sparse. As current spot prices remain higher than contract prices, and negotiations for 2Q26 pricing have not yet started, an overall wait-and-see atmosphere prevails, keeping trading sentiment conservative. TrendForce maintains its previous forecast that near-term spot price increases will be relatively moderate, with the price gap between the two gradually narrowing. The average spot price of mainstream chips (i.e., DDR4 1Gx8 3200MT/s) has increased by 2.10% from US$32.34 last week to US$33.02 this week (March 3).

NAND Flash Spot Price:

For the spot market, some of the traders truncated for cash prior to the Lunar New Year, which led to a small drop of spot prices for a brief period, though overall prices are still lingering on an uptrend. Recent observations show that buyers are strong in their wait-and-see sentiment without aggressive engagement in purchases. The outcome is a significantly weakened level of momentum in actual transactions. Spot prices of 512Gb TLC wafers climbed by 14.70% this week (March 2), with average quotations exceeding US$20.586.