Due to the ongoing uncertainty on the markets of raw materials for packaging inks in 2012, prices in the supply chain continue to be subject to upward pressures. This trend is primarily driven by a continued imbalance of supply and demand of feedstocks on a worldwide scale. The speed and impact by which prices for raw materials increased in the period 2010-2011 has never been seen before. Siegwerk’s expectations that the pressure on raw material prices would relieve early 2012 have unfortunat...