Dear Valued Customer,

Volatility in global metal pricing has seen huge spikes in both Aluminium and Silver pricing in recent months. Even though the price increase of these key raw material components are dramatic, Agfa Graphics has worked hard to avoid increases. We also believe as a trusted business partner we should endeavour to create transparency in our cost structures where applicable. With this in mind and as indicated it is our intention to introduce a raw materials surcharge effective from May 1st 2008.

We believe that a surcharge is a fair and equitable way of managing both Agfa’s and our customer’s costs in times of fluctuating metal pricing. A baseline (average LME Q4 2007) price will be established for both Aluminium and Silver, and prices will be monitored via the London Metal Exchange (LME) on a quarter by quarter basis. Should metal pricing fall below the established base the surcharge will not apply, should however it rise beyond the base a surcharge reflecting the difference will apply. Agfa will only pass on 80% of the uplift, in this way any surcharge applicable can be negated by recycling the metals and in turn making the surcharge cost neutral to your business. On this web page, details including calculation tables and scrap value calculators can be found.

Current surcharge details:

Useful Links
Currency: http://www.oanda.com/convert/fxhistory
Aluminium Cost: http://www.lme.co.uk/aluminium.asp
Silver Cost: http://www.lbma.org.uk/2008dailysilver.htm

Disclaimer