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KLANG: The Government is pushing the nation’s rubber products industry towards a wider market reach as it shows potential of doing even better.
SEPANG: Malaysia continues to dominate the global rubber glove market with a 64% share despite stiff competition and various challenges, said Plantation Industries and Commodities Minister Datuk Seri Mah Siew Kong.
SINGAPORE: The Singapore Exchange (SGX) is in preliminary talks to be part of a regional rubber exchange that would bring together the top three producing nations, industry sources said.
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.
SINGAPORE/KUALA LUMPUR: Rubber producers in Asia are to meet next week to look at more measures to push up prices, which are not far above five-year lows, including restrictions on supply to global markets, a source who will be part of the meeting said.
BANGKOK: Thailand, Indonesia and Malaysia are considering curbs on natural rubber exports to stabilise prices.