HDD prices to remain ‘inflated’ until August

Post by Paul Kunert (thank you) over at El Reg

HDD prices are falling eight times more slowly than they rose in the weeks after the flooding in Thailand and look likely to remain inflated until mid-summer.

Idealo.co.uk monitored vendors’ online average selling prices (ASPs) across its five price comparison portals and found that disk drives went up 100 per cent in 33 days following the natural disaster.

Yet since 18 November prices have dropped by just 21 per cent due to supply and demand – but cynics might say vendors vendors have exploited the shortages.

The cost of 3.5 inch HDDs soared “twice as rapidly” as 2.5 inch models and “have been hardest hit” – remaining 75 per cent higher than before the shortages first became apparent.

“At their current rate of decrease, HDD prices will remain inflated until late July [or] early August,” said a spokesman at Idealo.co.uk told.

Read on here

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