In addition to announcements made in March 2017, Flint Group stated that raw material markets for many components within its packaging inks products have experienced price escalation. It added that many raw material markets remain highly volatile as 2017 comes to a close.
The third quater of 2017 saw significant increases and supplementary rises have been announced for the fourth quarter. Current forecasts indicate that the price pressure will not lessen as the industry moves into 2018. Flint Group identified these cost burdens as necessitating packaging ink prices rising globally as of January 1, 2018。
Source from labels&labeling.