Malaysian rubber glove sector to gain from US-China trade war


Major player: Malaysian-made rubber gloves on display at an exhibition in Kuala Lumpur. Malaysia supplies an estimated 63% of gloves globally.

PETALING JAYA: The Malaysian rubber glove industry is expected to be a key potential beneficiary of the US-China trade war, said CGS-CIMB.

The tariff hike on glove exports from China to the US could see a shift in US glove demand to Malaysian glove manufacturers.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Malaysian , rubber , glove , US , China , trade , war , CGS-CIMB , demand ,

Next In Business News

Dollar steadies near two-month high as US-Iran stalemate lifts oil, Fed rate hike bets build
China, US agree tariff cuts on US$60bil of goods including agriculture, household items
Gold drops more than 2% on US rate-hike bets
ASM 3 declares 5.00 sen per unit, highest distribution in seven years
Oil heads higher as US-Iran peace talks in stalemate
Temasek buys 9% stake in Italy's FSI, commits to future funds
RedPlanet aims to raise RM13.3mil via IPO for ACE Market transfer
Mida-OCBC Malaysia partnership to attract high-value investments, strengthen local businesses
Singapore-listed Oiltek seeks secondary listing on Bursa Malaysia
Stocks slip in Asia as oil and yields climb

Others Also Read