PETALING JAYA: Latex prices' downtrend will continue in the next few months due to improved supply and relatively stable demand, according to Top Glove Corp Bhd chairman Tan Sri Lim Wee Chai.
“My opinion is latex concentrate will fall to between RM5 and RM6 per kg in the next few months, from the price range of RM6 to RM6.30 per kg presently. Demand is stable. China's economy is not as aggressive as the past few years,” he told reporters at the inaugural media roundtable event about the rubber glove industry.
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