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KUALA LUMPUR: The electricity tariff review will increase production costs significantly for rubber glove manufacturers, according to the Malaysian Rubber Glove Manufacturers Association.
PETALING JAYA: Rubber glove stocks surged as the World Health Organisation (WHO) declared the Covid-19 outbreak a pandemic.
PETALING JAYA: The average selling price for the rubber glove sector has surged on the back of higher demand for protective personal equipment and a potential second wave of Covid-19 as delivery lead times lengthen.Earnings predicted to nearly double for FY20
PETALING JAYA: Although the rubber glove sector has continued to outperform the market, it is not time to sell as a record profit year could be in the offing
KUALA LUMPUR: Share prices in the rubber gloves sector have corrected by 11.5% year to date despite being one of the best performing sectors in Malaysia for 2018.
PETALING JAYA: Only one Malaysian company has been banned from exporting its rubber gloves to the United States for allegedly using forced labour in making its products, says the Malaysian Rubber Glove Manufacturers Association (Margma).
KUALA LUMPUR: Despite overall sector performance falling below market expectations, the Malaysian rubber glove sector could experience a stronger 2020 performance on the back of stronger demand arising from Covid-19 and a weaker ringgit against the US dollar.