Despite the increased cost of polycarbonate, the price of recordable DVD+R/-R to has remained relatively unchanged over the last year or so. Unfortunately, the price of DVD+R/-R media is on its way back up. After raising its prices by 10% in August, CMC and Ritek plan to further increase its OEM quotes for the fourth quarter of 2008. In CMC's case, the company plans to raise prices by as much as 15%.
CMC Magnetics and Ritek will increase OEM quotes for DVD+R/-R discs for the fourth quarter of 2008, with CMC to raise prices by 10-15% while Ritek will look at order volumes before determining rates, according to the two companies.
As many small blank optical disc makers in China and several second-tier makers in Taiwan have withdrawn from the market, the global production capacity of blank optical discs has fallen short of global demand since the beginning of the third quarter 2008, CMC pointed out. In light of the favorable situation, CMC hiked its OEM prices by an average of 10% in August and Ritek followed suit soon after, industry sources pointed out.
