VIP 0.00% 0.3¢ vip gloves ltd

Surge in demand makes glove sector attractive to investors, page-3

  1. 3,193 Posts.
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    Older story but you can get some numbers from this info.

    "The production cost for natural rubber latex gloves will see an increase of between 6–10% or by US$1.00–US$1.50 for 1,000 pieces of gloves, depending on the product type. It is also presumed that synthetic rubber gloves (nitrile) will see an even greater increase in production cost due to the shortage of Butadiene — an important ingredient of synthetic rubber compound," he added.

    MARGMA said the production cost of synthetic rubber latex gloves has seen an enormous increase of 12% to 15% or by at least US$1.50–US$1.70 over the last two months for 1,000 pieces of gloves.

    https://www.theedgemarkets.com/article/margma-glove-prices-may-rise-due-costlier-latex-production-costs
 
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