Sign and print media supplier Spandex Asia Pacific says its rigid material pricing will be updated on 4 January due to ongoing ‘extreme challenges’ in global supply chains. Graphic Art Mart & Amari have announced an increase of 5-10% across its product range from Monday, 31 January 2022. Competitor Spicers this month increased its prices by 8% on all print & packaging products due to what it called “unprecedented” supply conditions.
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| Spandex AP headquarters and warehouse in Strathfield South, Sydney |
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| "Extreme challenges": Spandex MD Ben McCauley |
“Like many of our Australian colleagues involved in distribution, 2021 has presented extreme challenges in all aspects of our supply chain,” Spandex Asia Pacific MD Ben McCauley told customers in a 'Rigid Material Price Update.'
“A myriad of pricing pressures has resulted in multiple increases in raw materials, ocean freight, local freight, and container accessibility," he said.
“Our rigid material pricing will be updated from Tuesday, January 4th, 2022. This comes as many of the widely reported cost increases further impact our Australian supply chain.
“We have worked as diligently as possible to mitigate the impact of the update, however, it will vary dependent on the brand and product,” McCauley said. “This will include all rigid materials, notably 3A composites, flute and aluminium composite products.
"The most exacerbated example relates to products containing PVC, we are hopeful this will see a correction by the end of 2022, though further increases are to be expected in the first half of next year.
“We would like to thank you, our customers, for your support throughout this last year. Your support has ensured the Spandex team has continued to grow and continues to be ready to serve you and your business every day.”
Spandex specialises in the marketing, sales, distribution and support of digital & signage materials, printing, cutting and related materials.
Spandex branches:
C2, Enfield ILC, Mainline Road, Strathfield South NSW 2136
20-33 Gassman Drive Yatala QLD 4207
4/36-38 Kerryl Street, Kunda Park QLD 4556
76 Technology Drive Sunshine VIC 3020
6A Mulgul Road Malaga WA 6090
2/5 Nucera Court Green Fields SA 5107
https://shop.spandex.com/en_AU/
National supplier of sign, digital and display solutions Graphic Art Mart said 2021 had been “challenging on many fronts.”
Mousa Elsarky, executive general manager of parent company MM Plastics told customers: “Throughout 2021, worldwide factors have resulted in raw material shortages, cost inflation and escalating import and transportation costs. These issues are impacting all industries and ours is not immune with Graphic Art Mart experiencing increases to the cost of all products we import.
“Our suppliers have advised of increases of between 11% and 30% since early 2021, driven largely by PVC supply shortages and record raw material inflation. This is compounded by global shortages in shipping allocations and availability which are resulting in increases of up to 100% on sea freight consignments as well as local port and customs charges.
“These global supply chain issues, raw material shortages and inflationary pressures have led to many of our supply partners having no option than to increase prices on many of the products we distribute.
“As a result, from Monday the 31st of January our updated catalogue will reflect these new prices, with an increase of 5-10% across the Graphic Art Mart product range.”
