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Latin American Ink Market Recovers

The overall Latin American ink market grew at least 3 percent in 2003, and indications are that 2004 will show even greater growth.

The Latin American market for ink – roughly estimated to be worth some $400 million – has been under pressure over the past year as client companies and consuming industrial sectors have struggled to follow the slow U.S. economic recovery. While gains have been recorded in sales by value and volume in a number of markets, like Brazil, sales in dollar equivalents elsewhere, like Mexico, have slipped due to foreign exchange losses. “The ink market in Mexico was stable last year, but price...

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