Hitachi 2 and 3TB HD - double in price?

[Oneness]

I was looking at the Hitachi 2TB and 3TB 7200rpm Deskstar hard drives this past summer and I remember the prices on Amazon being around $110-120 for the 2TB and $160-170 for the 3TB drive. I didn't buy them at the time, but am now in the market again.
So, much to my surprise I looked on Amazon and now the prices are $205-220 for the 2TB and $330 for the 3TB. WHAT HAPPENED!?
I kinda thought prices for HD generally went down not up, and certainly not double in price.
Anyone know why?

 

[visim91]

I was looking at the Hitachi 2TB and 3TB 7200rpm Deskstar hard drives this past summer and I remember the prices on Amazon being around $110-120 for the 2TB and $160-170 for the 3TB drive. I didn't buy them at the time, but am now in the market again.
So, much to my surprise I looked on Amazon and now the prices are $205-220 for the 2TB and $330 for the 3TB. WHAT HAPPENED!?
I kinda thought prices for HD generally went down not up, and certainly not double in price.
Anyone know why?

Manufacturing plants in Thailand affected by major flooding.

 

[FredTheDeadHead]

Like was said, there has been long term flooding that shut down many hard drive plants in Thailand. For more info, check out some of the blog entries at...
http://blog.macsales.com/

 

[Oneness]

Thanks for the answer. I guess I am out of the market again. Maybe next Christmas. Oh wait, that's 2012 and the end of the world. Maybe I'll never buy another hard drive again. .

 

[Firestar]

This is what WD is supposed to look like about now.

 

[Makosuke]

I was aware of the reason, but at most places prices are more in the range of double or even triple what they were a few months ago--I bought several 2TB 5K drives for $80 early this year which are now listed for $189 or $199 at the same retailer.

Of course, luck being what it is, this is exactly when circumstances dictate it's time to upgrade the server drives at work, so I may actually have to pay the $300 for several 2TB drives. Ouch.

Things are apparently improving, or so the news says, so prices will hopefully be returning to normal in a few months.

 

[Vantage Point]

Yeah, last December I picked up a WD 2TB caviar green for about $99 on Amazon and last April I picked up a WB scorpio black 750gb 7200 rpm drive for my MBP for $109 on Amazon. Today they go for almost 2x that and even more in some places. I might be another month or two before prices begin to creep down. On the plus side RAM prices keep dropping