Hard disk prices more than double in two weeks due to flood in Thailand

A 1TB hard disk (HDD) that used to cost less than Rs3000 before Diwali is now selling for Rs5700 and more.

Consumers, especially those who want to buy or upgrade computer and laptop in India have been shocked to discover that floods in Thailand have caused hard disk drive (HDD) prices to skyrocket. Disks that were ranging from Rs1,200 to Rs3,000 for 250 gigabyte (GB) to 1 terabyte (TB) have almost doubled to Rs3,000 to Rs6,000 within past 10 to 15 days.

According to dealers and resellers from Mumbai's famous Lamington Road electronics market, floods in Thailand had affected production of hard disks and more than 50% factories in that country are closed. This has caused a supply shortage and therefore prices for HDDs, except solid-state drives (SSDs), have gone up. SSD prices in Mumbai are stable or gone up by mere Rs100 to Rs200.

However, one more reason behind the sudden spurt in prices of HDD could be a ganging up by some stockists. Almost all the dealers, resellers and suppliers have stocked computer hardware to meet the festival demands during Dussehra and Diwali. However, as seen in past few years, this time also the demand for desktops was lower than that of laptops and therefore some of the dealers or suppliers ended up with stockpiles of computer hardware like HDDs, memory chips, monitors, DVD re-writers (RW) etc. For them the flood in Thailand proved to be a great opportunity to earn some extra (almost double) money, at least for HDDs.

According to information collected from various people related with the computer hardware business, at present, you should buy traditional HDD only if it is necessary and that too of the lower capacity so as not to overstretch your budget. They also said, there is short supply of 20-inch LCD or LED monitors, so instead opt for an 18.5-inch monitor. If your budget permits, then go for 22-inch monitor, but remember the price difference between an 18.5-inch monitor and 22-inch screen would be more than Rs3,000.

Currently, the prices of random access memory (RAM) chips and DVD RW are near the bottom. You can buy a 4GB DDR3 memory chip and 24-X DVD RW for as less as Rs900 to Rs1350, depending on the brand. Therefore, if you want to upgrade RAM of your desktop, this is the time.

Another interesting thing emerged from the interaction is prices of laptops (well...at least some brands) are cheaper than a desktop of the same configuration (except the screen size). For example, a desktop with Intel Core i3 processor, 4GB RAM, 500GB HDD, DVD RW with 18.5-inches LCD screen comes to around Rs29,000, while a laptop of same configuration with 15.6-inches screen is available for about Rs27,000.

Thailand is one of the major producers and suppliers of HDDs to computer and laptop makers around the world. According to reports, plants of Western Digital (WD), the world's largest HDD producer, and Toshiba and many major HDD component suppliers are flooded. Even non-flooded production plants of HDD makers, like Seagate and Hitachi GST have been affected due to part shortages.

“Although demand for HDDs in the December 2011 calendar quarter was estimated as high as 180 million (M) units, actual production estimates are for 110-120 M HDDs.  The difference of 50-60 M units between production and demand has led to price spikes for HDDs in the 20-50% range in the short term.
  With production volumes in the March calendar quarter of 2012 constrained to 120-130 M units with demand (including pent up demand from the prior quarter) being much higher, long term prices increases for HDDs in the range of 25% over pre-flood levels appear likely for the near future,” the report said.

Comments
darshan
1 decade ago
this is not right way earn profit this is just like robbery people's for so
vasanth
1 decade ago
hi this vasanth.i want 2 buy 4 hard disks now
Latest Bollywood News
1 decade ago
i want to buy 500 gb sata hard disk 2050 rs so please send me a address where i can buy it in pune
Burger
1 decade ago
do u have any idea when the prices are coming down???
ric
1 decade ago
also m plannin to get a PC soon as my current laptop will give up on me any minute now..so do u recommend gettin one with a low HDD, i already have a monitor..my config plan is i7 2600k,8gb corsair ram,maximus iv gene z mb, has this affected the price of the other components in any way as well...thank you
ric
1 decade ago
Good material yogesh..the details was impressive..
Jayesh Gala
1 decade ago
thank you for all detail given
Prakash
1 decade ago
Could you give the brand of the laptop you referred, available at Rs. 27K ?
Yogesh
Replied to Prakash comment 1 decade ago
You can check Acer, Samsung, HCL etc, which comes with DOS or Linux as OS.
Prakash
1 decade ago
Thanks for a very informative article.
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