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PETALING JAYA: Malaysia's rubber glove industry expects to generate RM18.8 billion in revenue this year, up from RM16.2 billion in 2017, due to robust global demand, says the Malaysian Rubber Glove Manufacturers Association (Margma).
IT isn't just the fluctuating raw material prices or the ringgit's exchange rate that is keeping rubber glove manufacturers in the news. In recent months, another aspect of the industry hasgotten people talking about the sector, namely failed deals.
KENANGA Research has maintained its “overweight” rating on the rubber gloves sector.It said the rubber glove stocks under its coverage has performed poorly year-to-date, led by Top Glove Corp Bhd, Supermax Corp Bhd, Hartalega Holdings Bhd and Kossan Rubber Industries Bhd.
KUALA LUMPUR: Rubber glove makers are asking the Government to delay the revision of natural gas tariff by four months.
KUALA LUMPUR: The Malaysian rubber glove industry has been urged to strengthen its efforts to further tap into Africa’s vast market potential.
KUALA LUMPUR: The rubber glove sector in Malaysia is expected to see slowing earnings growth now that the vinyl glove supply from China has recovered, says PublicInvest Research.