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Ink companies showed weak sales due to slower economic growth.
May 13, 2016
By: Arnold Wang
The top Chinese 20 companies produced approximately 377,000 tons of ink in 2014, about half of the total ink output in China. Entering 2015, the slow growth of China’s economy affected the performance of the whole ink industry, reflected in the interim reports of several public ink companies. For example, Yip’s Chemical, the largest ink producer in China, declared that its total sales of food packaging inks and offset printing inks decreased by 10% because of lagging market demand in the firs...
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