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Malaysian rubber glove group says demand to oustrip supply until 2023

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Kuala lumpurMalaysian rubber glove manufacturers association margmaMalaysian rubber glove manufacturers associationகுவாலா லம்பூர்மலேசியன் ரப்பர் கையுறை உற்பத்தியாளர்கள் சங்கம்

COVID-19: Malaysian rubber glove group says demand to outstrip supply until 2023

Kuala Lumpur: Malaysia, the world’s biggest rubber gloves manufacturer, is racing to increase production to close a supply gap caused by the coronavirus pandemic that it warns could last until into 2023. The Malaysian Rubber Glove Manufacturers Association (Margma) said on Monday the country was in an oversold position of 160 billion gloves. “The lead time currently is about seven months for the gloves to be delivered to the end customer,” Margma President Supramaniam Shanmugam said, adding that demand would remain robust until the second quarter of 2022. Even with global production expected to ramp up to 420 billion this year from 380 billion last year and annual growth of 10-15%, Supramaniam said excess demand could run into 2023.

Kuala lumpurSupramaniam shanmugamTop glove corpEuropean unionMalaysian rubber glove manufacturers association margmaImage creditMalaysian rubber glove manufacturers associationPresident supramaniam shanmugamGlove corpBorder protectionகுவாலா லம்பூர்மேல் கையுறை கார்ப்ஐரோப்பிய தொழிற்சங்கம்படம் கடன்மலேசியன் ரப்பர் கையுறை உற்பத்தியாளர்கள் சங்கம்கையுறை கார்ப்

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UPDATE 1-Malaysian rubber glove group says demand to oustrip supply until 2023

15 Mar 2021 / 14:56 H. Malaysia to produce about 280 bln gloves in 2021 Glove demand to stay strong till Q2 2022 Malaysia glove exports revenue doubled in 2020 Malaysia 2021 glove exports projected at 38 bln rgt (Recasts and updates throughout with more details, executive comments) KUALA LUMPUR, March 15 (Reuters) - Malaysia, the world s biggest rubber gloves manufacturer, is racing to increase production to close a supply gap caused by the coronavirus pandemic that it warns could last until into 2023. The Malaysian Rubber Glove Manufacturers Association (Margma) said on Monday the country was in an oversold position of 160 billion gloves. The lead time currently is about seven months for the gloves to be delivered to the end customer, Margma President Supramaniam Shanmugam said, adding that demand would remain robust until the second quarter of 2022.

Kuala lumpurJane wardellLiz leeSupramaniam shanmugamTom hogueTop glove corpEuropean unionMalaysian rubber glove manufacturers association margmaMalaysian rubber glove manufacturers associationPresident supramaniam shanmugamGlove corpBorder protectionகுவாலா லம்பூர்ஜேன் வார்டெல்லிஸ் லீடோம் ஹாக்

Margma says 2021 glove supply estimated at 420 billion pieces

Margma says 2021 glove supply estimated at 420 billion pieces
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Kuala lumpurMalaysian rubber glove manufacturers association margmaMalaysian rubber glove manufacturers associationகுவாலா லம்பூர்மலேசியன் ரப்பர் கையுறை உற்பத்தியாளர்கள் சங்கம்