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I would like to thank you in advance for you time and to let you know how much I respect your words.
Kind Regards,
Martin Saavedra Jr.
*** Dear Martin,
Intense price competition spans most of the printing segments. It is especially intense in your general commercial sheetfed printing segment. It is driven first by excess capacity chasing too little demand for the existing capacity. When supply exceeds demand, then prices go down.
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