March 9, 2011
Oil, gas, and food prices in the last few months have been going up and for the short term at least the question remains, how high will they go? The one thing rising prices have in common is the rising price in oil. With rising oil you have rising transportation and manufacturing prices. The question remains how will this effect cartridge prices for printers?
If you look back at the last time oil and gas shot up like they are now, that summer, prices for cartridge raised on average about 15-20%. The prices that people see today when they buy an HP, Lexmark, or other brand name cartridge are the prices that were an effect of oil prices hitting $140 a barrel. People may ask why, but here are the factors to remember.
- Cartridges are made out of plastic, plastic is made out of oil. And while the brand name companies may lock in their component prices for a while, dramatic increases like we saw can not be avoided.
- Transportation cost rose up. Since there are very few cartridges made in North America (there are a few plants in Mexico), all the cartridges must be transported in from Asia.
- Brand name cartridge companies like HP, Lexmark, Canon and the others are greedy. Remember that the price of oil did drop down, and for a few years was below $70 a barrel, but prices for OEM cartridges did not go down.
So the question remains, what will happen with cartridge prices this year with oil going up? I would be almost willing to bet that if oil stays at current prices or even increases to say $120 a barrel, OEM cartridge prices could see an increase in prices of an average of 10-15%. This means that a HP 56 cartridge that cost $23.99 today could end up costing around $27-28 and an HP 42X toner cartridge could go from $249 up to $260-285. I am sure we will find out by the end of June if the prices are going up or not. To be honest I would be shocked if prices did not go up.
Now as for myself and for O-ink, we almost hope for a price increase from the OEM’s. If they raise prices by say a flat $2-4 per inkjet and $10-25 per laser cartridge, that would mean that our prices would be $1.50-3.50 cheaper for inkjets in addition to the savings we already offer. For lasers it would be around $9-$22 cheaper. The reason I am not saying the 2-4 range or 10-25 range is I would expect our shipping cost to go up.
Please keep in mind, I hate high gas prices. However, the last time this happened, I actually guessed about 5% lower on the price increases that happened. I do hope I am wrong.
October 26, 2010
O-ink is proud to announce the TN-315 line of Brother Color Laser Cartridges. These cartridges are designed to work in the HL-4150, 4570, MFC-9460, 9560, 9970 printers from Brother.
Black is priced at 109.99 and the colors are priced at 117.99 each. Ground shipping is free. To place an order call 800-989-6465 or visit us here.
August 26, 2010
While we are still adding them to our website, we at O-ink are happy to announce that we are offering MICR laser cartridges.
We are offering both the Troy branded cartridges as well as some replacement MICR Cartridges.
Here is the Link
Why use Troy branded MICR Cartridges?
As a Gold Solutions Partner to HP, TROY is the only company in the world authorized by HP to enhance HP printers and consumables for use in secure printing workflows. Only TROY MICR and Security printers and HP compatible MICR Toner cartridges are certified by HP for quality and reliability. TROY is the largest independent manufacturer of MICR toner in North America and has been a leading provider of MICR (magnetic ink character recognition) check printing solutions since 1971. TROY specialty toners are uniquely formulated for peak performance. TROY’s meticulous quality control and continuous testing processes ensure unparalleled toner adhesion and image quality. TROY Develops and manufactures and complete line of Desktop MICR toner and HP-based security toners for both MICR and Standard printing applications (patented).
So if you are printing checks in house and use MICR Cartridges, you can now get them at O-ink.
December 31, 2008
2008 might as well be called the “Year of Price Increases.” Nearly all the major printer manuafacture’s raised the prices of their consumables (I believe Epson is the only company who hasn’t.). In face, one of my most popular articles in this blog deals with the HP price increase.
Well, it all leads back to HP again. I just received information that on Jan. 1st, 2009, HP will be increase the prices of their supplies (Printer cartridges and such) by an average of 5% due to “economic conditions”. Who cares that they do remain profitable for the entire year and still make lots of money and the rest of us are struggling .
So Happy New Years, you now have to pay more for that printer cartridge, unless you go to our site oinkinkstore.com or our sister site samedayinkjet.com
December 23, 2008
I would like to first thank all our readers and say Merry Christmas to you and a happy new years. If you follow another religion, I hope your holiday is good to you.
2008 has been a great year for us and interesting for our industry.
The big new this year was the price increases by almost all the printer manufactures. Even with the price of oil dropping, I don’t think they will lower their prices.
All of the other news is normal stuff, new cartridges and new printers. It will be interesting to see if Lexmark can turn their inkjet division around and how Epson takes to refillers (there are still people selling the compatibles, which are mostly illegal).
We have our two websites up and running. The latest one is www.samedayinkjet.com and our old reliable www.oinkinkstore.com. Check them out if you get a chance
Until 2009, have a great holiday.
November 4, 2008
This has been the year of price increases for printer cartridges. First Kodak, then HP, followed by Lexmark, Xerox, and IBM. I just received word today that Brother, Canon, and Oki are being added to the list.
Oki was kind enough to inform us that prices are going up a flat 5%, but Brother and Canon have not stated a rate of increase yet.
Out of the major players in the inkjet and consumer laser market, this just leaves Epson (we do not consider Dell a player due to the fact that Lexmark makes Dell’s products). Which in the next couple months, I expect them to increase as well. While our initial price increase were off a bit, we were right in that there would be a price increase.
The strange thing is that Oil has now dropped around 50% since the high back in July. I doubt that any of the manufactures will lower their price increases since the drop in oil. I think they will keep them high to make it better for the shareholders.
Once again at O-ink we have been able to keep our prices on our compatibles and remanufactured cartridges low and have not made any price increases this year.