Added Oil Capacity Should Have Positive Impact On Gaffers Tape Pricing
This week’s resolution of a long running feud between Kuwait and Saudia Arabia should have a positive impact on the price of the synthetic rubber adhesive that is used to make gaffers tape.
These two major oil producing states have entered into an agreement that will mean that an additional 500,000 barrels of oil will be available daily on the world market.
One of the most prized features of gaffers tape is the adhesive that removes cleanly and leaves no adhesive residue on cables , floors or carpets.
Additional capacity means stability and that stability should help hold down possible price increases.
You can read more about the agreement by clicking here.
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