Kodak To Raise Consumables Prices

By Greg Scoblete On Jun 16 2008 - 6:00am

Kodak became the last major silver-halide supplier to raise its prices, following similar increases by Fujifilm and Nippon.

Kodak will impose as much as a 20 percent increase on its consumables, such as silver-halide photo paper, depending on product line and geography.

In a statement, Kodak attributed the price hike to "soaring prices of key raw materials, especially silver and aluminum, as well as the rising cost of petroleum."

The price increases are set to take effect July 1.

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