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The rise affects the tyre industry and producers of rubber products such as footwear, bearings, and rollers, potentially impacting their profit margins due to higher raw material costs.
The rise affects the tyre industry and producers of rubber products such as footwear, bearings, and rollers, potentially impacting their profit margins due to higher raw material costs.
Given a weak global macro outlook, reports indicate crude prices will stay sanguine in the $75-85 range for the year