PETALING JAYA: The average selling price (ASP) of rubber gloves is expected to remain robust in the next one-and-a-half to two years, since industry players are projecting a shortage in nitrile gloves that could possibly last until 2023 due to the shortage in raw material supply, MIDF Research said.
The high raw material prices will lend support to the price of nitrile gloves, it said.
“Industry players are expanding at a faster pace to keep up with demand, but it is not done without challenges.
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