Memory prices are on the rise for the past several months, after dropping to multi-year low early this year. According to DRAMXchange, DRAM prices are steadily increasing and it’s unlikely the trend is going to reverse. Soon the affordability tag from memory modules would be gone and it would be no longer possible to get a high capacity, high performance memory kit with your pocket change.
The current price for 1 Gb of DDR2 is $1.53 and 1 Gb of DDR3 is $1.66. These represent price increases of 8.5 per cent for DDR2 and 5.1 per cent for DDR3.
Contract quotes for 2GB DDR2 and 2GB DDR3 modules have gone up to $27.50 and $29.50, respectively, on average in the first-half of September.
The sudden jump in DDR3 prices happened in August due to shortage as a result of increased demand. DDR3 prices moved up so fast that PC vendors started using DDR2 instead, which in turn sent DDR2 prices higher. Earlier this year, Qimonda, a major DRAM manufacturer went out of business sending memory prices up.
The price of DDR2 chips has increased 116.9 percent since the beginning of this year. The price of the chips has risen 45.3 percent in the third quarter, compared to a 25.8 percent increase for DDR3 memory chips.
According to PCWorld, memory prices might come down later this year when PC production slows down, but it’s unlikely we are going to see the same prices as of now. Besides, the release of Microsoft Windows 7 in October is sure to create a rush among new PC buyers, and the price might never come down after all.
So if you still contemplating on a memory upgrade, this is the time to act.