Raw material prices weigh on glove margins


  • Business
  • Wednesday, 13 Sep 2006

KUALA LUMPUR: Global demand for natural rubber (NR) gloves remains strong but the high prices of raw materials, like SMR 20 and Latex in Bulk, continue to squeeze industry players’ profit margins. 

Malaysian Rubber Glove Manufacturers’ Association president K.H. Oon said: “We are not happy with the volatility in rubber prices and want to see more stability in raw material prices.” 

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