Coated Paper Price Forecast
Though all of our USA customers have been affected somewhat by the newsprint tariffs the past months, those who purchase coated paper have had their own pains.
The price of coated stock has risen 25% in the last 18 months.
Shortages and price spikes are usually driven by spikes in demand, but the irony of the current paper squeeze is that it was caused by declining demand.
We've placed an article in Worth Reading that forecasts the future of coated stock printing for 2019.
Aluminum Tariff affecting the cost of Printing Plates
Kodak and Agfa have both appealed to the Department of Commerce to grant exemptions for the imported aluminum used to make printing plates. Kodak hopes to hear by mid to late-September. Agfa applied in April and is still waiting for a reply. Both companies have added a surcharge to their pricing for the time being.
Fujifilm is adding a "tariff tax" line item to their orders. They appear to be riding the coattails of the other companies and has simply said that companies would benefit if an exclusion is granted.
According to Printing Impressions:
In a best-case scenario, the Department of Commerce will grant exemptions on the 10% aluminum import tariffs to all U.S. litho plate manufacturers, and will also issue refunds that can then be rebated back to print customers.
School's Back! Time to Interest Local Students in the Printing Trades
The Print and Graphics Scholarship Foundation grants $500,000 in scholarship money to students pursuing a future in the printing trades. The Printing Impressions article that we have stored in the user group explains the scholarship and also outlines creative ways you can interest students in the field of print production.