Agfa Announces Offset Printing Plate Price Increase
The ongoing rise of raw material costs, particularly aluminum, energy and packaging materials, in combination with high freight rates, make price adjustments unavoidable.
The price for aluminum, the key component of an offset printing plate, peaked in June at more than 2,500 USD/ton. Prices for packaging materials almost doubled in a couple of months. Freight and transportation services remain under severe pressure in terms of availability and cost.
Offset plate prices will increase by up to 10%, effective August 1st 2021 as contracts permit. This is in addition to the previously announced and implemented increase and will likely be followed by subsequent increases as the trend continues.
The Agfa sales teams will be in contact with their customers to discuss the details and support the implementation, taking into account individual existing agreements.
The preceding press release was provided by a company unaffiliated with Printing Impressions. The views expressed within do not directly reflect the thoughts or opinions of Printing Impressions.