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.”
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!