PETALING JAYA: Members of the Malaysian Rubber Glove Manufacturers’ Association (Margma) are advised to increase and adjust prices according to the rising raw material costs and continued weakening of the US dollar.
In a statement yesterday, association president K.M. Lee said the price of natural rubber latex had increased by about 19% from an average of 657.25 sen per kg in January to close at a new record high of 782 sen per kg on Oct 15.
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