Siegwerk Reports on Rising Costs of Some Raw Materials and Components Used for the Printing Inks

“For the print media business, prices for gum rosin and derivatives have gone up dramatically in the past weeks and continue to rise steeply. Price levels of over USD $2,500/t for gum rosin have been achieved and most market partners expect continuous increases. So far, this represents a rise of more than 40% in the past weeks. While this trend is driven by Chinese producers, it has been mirrored in the other major supply markets Brazil and Indonesia, significantly increasing the cost in our por...