oil prices

Weak dollar and high oil prices driving HP prices up

Friday, August 15th, 2008 | HP Toner, MICR Toner and Check Printing | No Comments
The weak dollar and high oil prices are conspiring to bring about price increased for HP toner cartridges. The weaker dollar automatically makes oil prices increase all on its own. You’ve seen inflation in everything at the grocery store from bread to beef, and now we are starting to see the results in our little corner of the world.
As I wrote a month ago, in the face of significant UPS fuel surcharges, we plan to continue to offer free shipping on our toner cartridges, but unfortunately it looks like HP is raising prices 5-6% on it’s toner and inkjet cartridges. We’ll have no choice but to pass the cost increase along to our customers. This will affect new HP Product as well as our Premium MICR Cartridges (New MICR). On the plus side, maybe this will be an incentive for our customers to switch to Advantage Brand toner cartridges (Remanufactured). Advantage Cartridges have the same quality and guarantee as new cartridges. And now there will be an even greater savings.

HP announced the price increase effective September 1st, but our suppliers have told us they will not actually increase the price until October 1st. So be warned, new pricing will be here by October 1. If you are a big HP toner user, I’d go ahead and make an extra big order before October comes around.

Here’s the HP price increase letter:


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