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Declining crude oil costs don’t necessarily translate into lower prices for ink manufacturers. Here’s why.
May 20, 2015
By: DAVID SAVASTANO
Declining crude oil costs are making people happier at the gas pumps, and are helping manufacturers who use oil and its derivatives as well. However, printing inks are a more complex product, and crude oil does not impact all varieties of ink. Presently, crude oil is trading at approximately $60 per barrel. In July 2008, it hit its peak at more than $145 per barrel. Ink World discussed the issue of crude oil costs and their relationship to ink making with ink industry leaders. Here are the...
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