|
|
Article: Rising raw material costs require price increases.(Editor's Desk)
- Article from:
- Ink World
- Article date:
- December 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 Rodman Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
For countless years, people in the ink industry have longed for ink prices to rise. Instead, there has been a relentless downward spiral in the price of most inks, as many companies compete with an eye toward market share, and margins have suffered greatly. Meanwhile, printers have reaped the rewards of this approach.
During 2004, the battles over pricing have finally run into a major roadblock and ink industry leaders must be thinking about what is really happening to the industry. Many key raw material prices have dramatically increased, partly due to the skyrocketing price of a barrel of crude oil and also due to supply shortages. Terms such as force majeure ...