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International oil prices soared, how does the printing industry do?

Jan 29, 2019 Leave a message

International oil prices soared, how does the printing industry do?

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In the context of the intensified turmoil in the Middle East, Dubai crude oil prices broke through $100 a barrel. After a lapse of 30 months, international oil prices returned to a high price of $100 a barrel. The Wall Street Journal reported that "the era of oil prices of $100 per barrel has returned."


Soaring international oil prices exacerbate manufacturing pressures

It is understood that the spot price of Dubai crude oil broke through the $100 mark per barrel on February 21st. This is the psychological barrier for oil prices to break through $100 again after 30 months from September 8, 2008. The reason is mainly caused by the turmoil in the Middle East. Civil riots originating in Tunisia have spread to countries such as Egypt and Libya. At present, the situation in the Middle East is difficult to restore stability in a short period of time. Therefore, international oil prices are expected to continue to rise.


Since entering 2011, China's domestic consumer prices have shown a sharp upward trend. How to stabilize price increases is one of the government's main policies. Now that international oil prices have soared, this will not only seriously affect the government's efforts to stabilize prices, but all manufacturing industries will bear the pressure of rising costs, especially the gasoline-fueled industries such as aviation, automobiles and logistics will be deeply affected. .


Gasoline price breaks "7", causing rising transportation costs


At the same time, the National Development and Reform Commission announced that it will increase the price of gasoline and diesel from February 20, and the price of gasoline and diesel sold at the gas stations of PetroChina and Sinopec in Beijing has generally increased by 0.3 yuan / liter, of which the price of gasoline 93 has risen to 7.45 yuan. /L, Beijing oil prices entered the "7" era.


The continuous increase in the price of refined oil products has a direct impact on the printing industry, which has led to an increase in the cost of transportation. This mainly includes the procurement and transportation of raw materials such as ink and paper, as well as the transportation of printed products. It is reported that the oil price will increase by 10%, and the entire operating cost of logistics enterprises will increase by 4%. This is a big expense for the printing company.


Crude oil prices affect raw material price sensitive nerves


In addition, as some of the raw materials for printing inks, coatings and papers are mainly derived from crude oil, the rise in crude oil prices is bound to touch the price increase of printing consumables. Up to now, international printing consumables such as Sun Chemical, M-real and Sappi Paper have announced that they will implement price increases for some of their products. This also reflects the fact that consumables companies are suffering from the rising background of crude oil prices. Great pressure.


Felipe Mellado, chief marketing officer of Sun Chemical, said that crude oil prices increased by 28% in 2010 and are expected to continue to rise by 15% in 2011.


Undoubtedly, in the current global financial crisis, the printing industry has not fully recovered. In addition, the printing price has been continuously lowered in the past two years, and the printing cost has been decreasing. Many printing companies have already faced near zero. The operation of profit. Coupled with the rise in oil prices, printing companies need to re-examine their costs in transportation.


However, the rise and fall of international oil prices is generally not mandible by human power. Saving energy and minimizing the impact of oil prices is the best response. The printing industry has experienced energy crises several times in the past, and has enough experience to tide over the difficulties. Recently, we are actively promoting the development of green industries and striving to transform the industrial structure into energy-saving. Therefore, we firmly believe that even if the international oil price breaks through 100 US dollars per barrel, the printing industry will successfully overcome the difficulties!


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