"Different cost drivers are having different effects in different market segments. The key issues revolve around publication inks, given the situation of rising prices for gum rosin and crude oil based products."
He said despite hopes prices would fall this year, the price of crude went up. In the first half of this year as many raw materials went up in price as came down. Crude today trades at around $110 per barrel, significantly above any level that people had forecast at the end of 2012.
