AzScorpion
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Get your mind out of the gutter not that kind of rubber! What else is next?
The Next Shortage That’s Making the Auto Industry Nervous
https://www.bloomberg.com/news/news...est-rubber-shortage-worries-the-auto-industry
The Next Shortage That’s Making the Auto Industry Nervous
As if U.S. automakers haven’t had enough problems during the pandemic — plant shutdowns, Covid-19 outbreaks, a global semiconductor shortage — supply chain experts are warning of another on the horizon: natural rubber.
A white sap that bleeds from rubber trees grown in warm, humid countries like Thailand and Indonesia, natural rubber has unique properties that make it critical for tires and car parts.
Industry watchers say rubber prices are at the beginning of a cyclical, multi-year rally because flooding and leaf disease have ravaged supply, while swooning prices gave rubber tappers little incentive to plant new trees, which take seven years to mature.
https://www.bloomberg.com/news/news...est-rubber-shortage-worries-the-auto-industry
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