Asian Chip Export Prices Are Diverging From Volumes by Most Ever

A record divergence between prices and volumes of Asia’s chip exports is making regional trade more immune to external shocks, according to Oxford Economics.

The consultancy’s proprietary Asia chip export index surged almost 81% in value in March from a year earlier, but rose only around 28% in volume terms. While such a split usually signals a potential price peak, “the pattern appears different” this time, economists led by Betty Wang said in a report on Monday.