Latex Gloves: What is going on?
The pricing and supply of latex gloves has been extremely erratic due to the recent increases in latex raw material costs. Latex raw material is the "sap" which is secreted from the rubber tree when the tissue of the tree is injured. Rubber trees, like any agricultural products are highly dependent on environmental factors for a successful harvest. In particular, heavy rainfall and no frost.
The major export countries of latex gloves are Malaysia, Thailand, and Indonesia. So, what has been going on in these countries what have affected supply?
Latex and Rubber raw material: Market conditions
A few of the issues affecting the cost and output of latex gloves and rubber products at the start of 2011:
It is these factors which have led to an increase in demand and a shortage of supply of latex raw materaial - hence the recent price increases. Short to medium term forecasts expect much of the same, with demand well outstripping small increases in supply.
Packaging, Environment and Legislation Observations from Maxpak
Environmental Packaging, Plastic Bags, Paper Bags, Shopping Bags, Cleaning Wipes & Products, Garbage Bags & Liners, Packaging & Cleaning Products