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Led by crude oil, prices for key ink ingredients across the spectrum are rising dramatically, leading companies to wonder when, and if, prices will eventually stabilize.
September 11, 2006
By: DAVID SAVASTANO
It is astonishing to think that just three years ago, ink executives were expressing serious concern that crude oil prices were approaching $35 per barrel. In the past 36 months, oil prices have continued upward, with no end in sight, with the price of crude most recently at $72 per barrel. At this point, experts say that the increased global demand for oil, coupled with the unstable global political situation, could push oil to above $85 per barrel in the near future. ...
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