Top Glove expects higher prices


KUALA LUMPUR: Leading rubber glove manufacturer Top Glove Sdn Bhd believes that prices could go up as much as 10% for gloves in view of the rising price trends for latex concentrate and crude oil, both of which are key components in natural rubber and synthetic rubber gloves. 

“Since January 2006, glove prices have been revised upwards to the tune of about 15% over last year's,” Top Glove executive chairman Datuk Dr Lim Wee Chai said in a statement yesterday. 

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