Hartalega likely to benefit from nitrile glove shortage

The shortage may lead to Hartalega Holdings Bhd, one of the world’s largest nitrile gloves producers, raising its average selling price (ASPs) “more aggressively” in the coming quarters, according to Maybank IB Research.

PETALING JAYA: There’s a worldwide shortage of nitrile gloves, and it could stretch for more than a year into the first half of 2022 due to a lack of raw materials.

This may lead to Hartalega Holdings Bhd, one of the world’s largest nitrile gloves producers, raising its average selling price (ASPs) “more aggressively” in the coming quarters, according to Maybank IB Research.