According to Arnold Printing Ink, there is a serious shortage of acrylic resin, a key raw material in UV inks and water-based inks, which will affect material suppliers' supply and material prices.
The company’s head of procurement, Leif Svensson, said: “Metal prices affect the prices of some major raw materials. In principle, oil prices affect every organic ingredient used in ink, and energy and transportation are affected to a certain extent by the rise in oil prices. The cost of styrene affects the price of acrylic resins. Historically, the market has never been as vulnerable to the shortage of acrylic materials as it is now."
The company’s head of procurement, Leif Svensson, said: “Metal prices affect the prices of some major raw materials. In principle, oil prices affect every organic ingredient used in ink, and energy and transportation are affected to a certain extent by the rise in oil prices. The cost of styrene affects the price of acrylic resins. Historically, the market has never been as vulnerable to the shortage of acrylic materials as it is now."
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