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Rubber market seen trading range-bound with upside bias - Vimarsana News

Rubber market seen trading range-bound with upside bias

BERNAMA – The Malaysian rubber market is expected to trade range-bound with a slight upward bias next week as rainy days in rubber-producing regions are hampering rubber tapping and reducing the latex yield.   The Malaysian Rubber Glove Manufacturers Association’s past president Denis Low said the market would also be supported by sporadic buying and […]

Rubber market expected to trade range-bound next week - Vimarsana News

Rubber market expected to trade range-bound next week

KUALA LUMPUR: The rubber market is likely to trade range-bound next week with sluggish demand and a slight increase in prices seen. Malaysian Rubber G...

Source: thesun.my
Margma expects rubber glove exports to bring in revenue of RM38 billion this year - Vimarsana News

Margma expects rubber glove exports to bring in revenue of RM38 billion this year

Margma expects rubber glove exports to bring in revenue of RM38 billion this year 16 Mar 2021 / 09:30 H. PETALING JAYA: The Malaysian Rubber Glove Manufacturers Association (Margma) has projected rubber glove export revenue to come in at RM38 billion in 2021 amid the rollout of the Covid-19 vaccine, up 7.8% from RM35.26 billion in 2020, driven by enhanced awareness and cautiousness in the new normal that will sustain the current elevated demand. This is a remarkably slower pace compared with the 103% year-on-year jump last year, which skyrocketed from RM17.35 billion in 2019 due to the out...