Higher raw material, transportation costs are driving the latest round of price increases, and there are likely more to come.
David Savastano, Editor03.04.21
The printing ink industry is well known for being reluctant to raise prices except when under pressure, as their printing customers are equally known for tight margins. However, recent comments are signaling that price increases are ahead.
It should be noted that not every ink company announces when prices are going up, but typically, higher costs from raw materials and/or transportation impact every company. Reports from Sun Chemical, Flint Group, Siegwerk, the National Association of Printing Ink Manufacturers (NAPIM) and the European Printing Ink Association (EuPIA) are highlighting the challenges ahead for the ink industry.
EuPIA’s and NAPIM's Insights
It is not unusual to see ink companies offer statements about pricing pressures. EuPIA’s move in mid-February to provide its comprehensive analysis gives a serious perspective on what is happening within purchasing departments throughout the ink industry.
EuPIA pointed to “the increased cost of pigment raw m
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