June 24, 2021 By PrintAction Staff
Agfa is increasing the prices of its offset printing plates globally.
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 per cent, effective August 1, 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.
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