The price of major brand inks has risen

The recent rising prices of inks by major brands will directly affect the costs of companies in the printing industry.

The soaring price of oil, the main raw material of ink, is one of the main factors that increase the price of ink; the decline in inflation and profitability leads to lagging investment in the chemical industry, and the growth of production capacity can not meet the demand; in terms of environmental protection expenditures and transportation costs. Rising and so on have led to the increase in production costs of major companies.

However, some companies have stated that because companies have been reducing production costs by increasing production efficiency and increasing investment in recent years, prices have not been adjusted for many years, and this increase cannot fully compensate for the increase in production costs.