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Article notes latex prices have increased 82% over the previous year.

Skyrocketing global prices of latex has influenced one of the world’s leading latex exporting countries to force its domestic customers to look elsewhere.  Selling latex to foreign markets provides larger orders with commitment to buy from these companies despite the drastic annual increase in price.  Click here to read the article.

While the article is interesting, the recent buying behaviors of our clients show this strategy may not work very well. Our clients are buying more synthetic gloves now than ever before. Our clients say the reasons for the change include the potential allergic reactions involved with using latex products along with the rapidly rising cost of latex.  At Valutek, we continue to educate and recommend that our clients purchase synthetic gloves made from Nitrile or PVC.

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