CD recordable prices to drop in Europe and the United States

April 19, 2004

Digitimes reports that CD recordable prices are likely to drop the coming times because some Taiwanese have dropped their prices from US$ 0.18-0.20 to US$ 0.15-0.16 per disc to stimulate orders from distributors. The price drop has been initiated because the demand of CD-R discs in the European and American markets has been dropping lately.

European and American distributors of CD-Rs currently have inventories for 3-4 weeks, higher than the 1-2 week average, the Taiwanese makers pointed out. This overstock has pushed down prices quoted from Taiwan, but the price drop may be a seasonal rather than a secular trend, the Taiwanese makers noted.