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Article: Rising ink prices are good news for the printing ink industry.(Editor's Desk)
- Article from:
- Ink World
- Article date:
- October 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 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)
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In recent years, ink manufacturers have done all they could to keep prices low as their raw material costs skyrocketed. However, the end result was dangerously low margins. Reluctantly, ink companies began raising their prices as best they could.
There are indications that these price increases are finally taking hold. According to a report by the National Association of Printing Ink Manufacturers (NAPIM), the numbers for the first six months of 2006 compared to the same period in 2005 indicate that prices are rising.
On the packaging ink side, NAPIM reports that volume increased 1.1 percent and sales rose 5.6 percent, with solvent-based flexo and gravure ...