Flint Ink North America recently announced that the price of commercial ink products will increase by 6% from January 1, 2005. The price increase is mainly used to cope with rising raw materials, transportation, and energy prices, and the overall cost of supplementing printing ink production has increased.
Flint Ink believes that with the formation of a global market, the burden on the supply chain has increased, resulting in a shortage of some raw materials. Despite the company's global purchasing power balance, the company adopted a verticalized unified management and production efficiency improvement plan and tried to be short. During the period, no price increase measures were taken, but due to the extremely high prices of raw materials, the rise in ink prices became inevitable.
Although some raw materials are supplied for distribution, Flint Ink Company has established a secure supply chain so that no supply chain breaks under any circumstances. However, as special chemical raw materials are being traded at higher costs, the prospects cannot be ignored.
The hovering energy and oil prices, coupled with limited chemical processing capacity and rising global demand, have caused the price of printing inks to soar.
Flint Ink believes that with the formation of a global market, the burden on the supply chain has increased, resulting in a shortage of some raw materials. Despite the company's global purchasing power balance, the company adopted a verticalized unified management and production efficiency improvement plan and tried to be short. During the period, no price increase measures were taken, but due to the extremely high prices of raw materials, the rise in ink prices became inevitable.
Although some raw materials are supplied for distribution, Flint Ink Company has established a secure supply chain so that no supply chain breaks under any circumstances. However, as special chemical raw materials are being traded at higher costs, the prospects cannot be ignored.
The hovering energy and oil prices, coupled with limited chemical processing capacity and rising global demand, have caused the price of printing inks to soar.
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