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Published on 25/03/2020 3:39:57 PM | Source: Reuters

Malaysia's medical glove makers warn of chronic shortage, cost increases

Posted in Top Stories| #World Market #Malaysia

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KUALA LUMPUR - The rubber glove manufacturers association of Malaysia, the world's largest maker of medical gloves, on Wednesday warned of a chronic shortage of gloves after a surge in demand from hospitals swamped with coronavirus patients.

The Malaysian Rubber Gloves Manufacturers Association (MARGMA) also said production would be cut because of a virtual one-month lockdown in the country, during which they are allowed to operate with only 50% staff.

"Production costs will increase tremendously by at least 25 to 30% ... Fortunately, buyers are aware of this cost factor and have come forward to assist and cooperate to bear the cost as well," it said in a statement.

 

(Reporting by Krishna N. Das, editing by Louise Heavens)