There can be no denying that times have been tough for the whole economy in recent years – the global recession that was triggered by the explosion of the sub-prime mortgage business in the US has been painful for everyone and we are not out of the woods yet.
Here at Folkestone Printing, we are facing a less publicised issue that poses a real challenge to the printing industry as a whole – the price of paper that we print on is soaring.
The price of paper is a serious concern as prices have risen by as much as 12% in 2010 already, with further increase a real possibility.
The underlying causes of the price increase are quite complex, with a number of reasons including reduced wood and pulp capacity following a harsh winter and earthquakes in Chile to Finnish port and paper mill strikes which when combined create a global restriction on supply that is particularly acute in the UK, where a weak pound leads to poor pricing when compared to North America and Russia, where demand is strong.
We are therefore facing higher prices and the real risk of paper shortages. But what does this mean for our valued customers you may ask?
Most UK printers are increasing their prices to cover the increased costs but we are pleased to say that we are committed to keeping our prices at our same level as we know how tough it is for businesses in the UK.
So if you're looking for flyers, leaflets, posters or any printed stationery, then now is the time to order so you can benefit from our fast turnaround and make the most of the same print prices despite the rise in paper prices.
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