Rubber gloves could experience growing demand in 2020


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

KUALA LUMPUR: On the back of a positive results season, the rubber gloves sector is seeing signs of an uptick in demand in subsequent quarters, says Kenanga research.

In a note, the research house said the 3Q results season came within expectations with volume growth of 6% and 14% recorded by Top Glove and Hartalaga respectively.

Subscribe now for a chance to win your dream holiday!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Oil ends week lower on China demand fears
Undoing the 5G monopoly
KL Metro to build RM1.6bil five-star resort in PD
Picking up speed
PETRONAS reaches FID on Pengerang biorefinery
Market bulls looking for new technology leaders
China to resort to consumer stimulus
GAMUDA AI ACADEMY SET TO BE GAME-CHANGER
ESG reporting standards must be elevated
Fed rate-cut outlook limits forex volatility

Others Also Read