Margma sees rubber glove prices rising further


Rising cost: The price of nitrile latex has risen from a February average of US960 per tonne to the current average of US1,020 per tonne, which is about a 6.3 increase.

KUALA LUMPUR: Prices of rubber gloves are expected to rise further on the back of a continuous rise in the cost of production inputs, particularly natural rubber latex and nitrile latex, said the Malaysian Rubber Glove Manufacturers Association (Margma).

Natural rubber latex and nitrile latex are the two main ingredients used in the manufacture of gloves.

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Business , Margma

   

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