Amidst the rising costs, Bink Inks had kept its prices unaltered for its customers

 
LAKE WORTH, Fla. - Sept. 24, 2021 - PRLog -- After a year marked by the COVID-19 pandemic, the ink industry faces complex challenges in 2021 due to the rise in raw material prices, petrochemical price increases, supply constraints, and higher freight costs due to the reduced availability of containers.

For some time now, the shortage of freight capacity and increase in raw material costs have put pressure on companies worldwide. Like every industry, the printing ink industry has also been severely affected, as the cost of raw materials such as resin and solvents has continued to increase massively over the course of the year.

Bink Inks, the leading Ink manufacturers USA, emphasizes that it is working hard to keep the prices unaltered from customers by using the global supply network, examining other sourcing methods, and leveraging its manufacturing capacity.

"Our team is working hand-in-hand with the global supply chain to leverage its buying power to stabilize the prices for our customers. The burden for the ink industry is immense, as raw material prices account for more than half of the cost of wide format printer ink," explained the marketing manager at Bink Inks.

He also added, "The satisfaction of our customers is our top priority, and we are committed to offering them high-quality printing inks in the future without passing the burden of increased costs to our customers. The printing inks have become more expensive globally, but Bink Inks is proud to announce that it has kept its prices unaltered for its worldwide customers."

The underlying issue affecting much of global commerce is the disruption in the world's shipping trade and erratic demands for international trade, which directly affects the shipping container movements. The current global shortage of containers has led to a sharp increase in transportation costs. Also, transportation costs are on the rise resulting from the sharp rise in oil prices.

"As a leading ink manufacturer in the USA, our role is to proactively communicate increases, control the prices for our customers, and manage sourcing in a cost-effective way." - quoted Bink Inks.

About Bink Inks
Founded in 2017, Bink Inks is a USA-based ink manufacturer delivering premium quality
Inks compatible with most major brands of printers. Bink Inks is a trusted online destination for discount printer ink, carrying premium quality products for virtually every brand. Visit https://www.binkinks.com/, or you can send an inquiry on orders@binkinks.com.

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Tags:Wide Format Printer Ink
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