Malaysian glove players, by virtue of producing about 60% of global supply, are anticipated to be a key beneficiary of the potential increase in demand and recovery in average selling prices.
“If the local manufacturers cannot meet the demand, then the demand will flow to other countries including Malaysian glove players,” he told StarBiz. Rafizi said on Dec 23 that the average base tariff for the Pengerang facilities will be reduced by 9.2% to RM3.165 per gigajoule per day from RM3.485 per gigajoule per day.
“For those Malaysian EMS companies that produce similar or interchangeable parts like those produced in China, they will benefit from the potential supply disruption in China as the orders will instead flow to Malaysian players. In a filing with Bursa Malaysia last Friday, ATA said sales of products related to the customer represent 100% of JABCO’s revenue, while sales of products related to the customer represent 82% of WSP’s revenue.