Negik
12 posts
Mar 06, 2025
1:30 AM
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The Role of Natural Rubber in Today's Economy
Natural rubber is crucial to the global economy. It's most commonly used in the manufacturing of tires for vehicles, but it also plays a key role in producing industrial products like hoses, belts, gaskets, and seals. Additionally, natural rubber is used in medical products such as gloves and catheters, as well as in everyday items like footwear, sporting goods, and even in the production of adhesives and coatings.
Given its widespread use in essential industries like transportation, healthcare, and construction, the price of natural rubber affects many parts of daily life, from the cost of a new car to the price of medical supplies. As demand for these products rises and falls, so too does the price of natural rubber.
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