Vaccination and testing to drive glove demand, price


Global supply seen to increase 20% this year

PETALING JAYA: Demand for rubber gloves and its average selling prices (ASP) are expected to remain elevated in the medium term driven by the vaccination programme worldwide.

Hong Leong Investment Bank (HLIB) Research expects rubber gloves’ ASPs to remain high at about US$115-US$140 per thousand pieces, before a possible decline in the fourth quarter.

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Vaccination , testing , glove , demand , price , supply , increase ,

   

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