Maersk and Hapag push up Asia rates

Maersk and Hapag push up Asia rates https://container-news.com/maersk-and-hapag-push-up-asia-rates/ Maersk Line and Hapag-Lloyd have announced rate increases out of Asia to a number of destinations in North America and Africa. In the first instance, the carrier will apply higher rates from Pakistan, United Arab Emirates (UAE) and the Indian Subcontinent to North America, effective from 1…

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The Raw Material of Rubber is Causing the Price of Gloves and Tires to Rise

https://www.bangkokpost.com/business/1995183/rubber-rising-on-glove-and-tyre-demand Thailand is likely to see higher shipments of rubber, increasing 3.19% this year, because of rising demand for rubber gloves and auto tyres, as well as the government’s proactive approach to promote rubber exports. Speaking after meeting on Thursday with the International Trade Promotion Department, Rubber Authority of Thailand and rubber cooperatives, Commerce Minister…

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Hartalega Stock Likely to Soar Because of the Nitrile Glove Shortage

Hartalega likely to benefit from nitrile glove shortage https://www.thestar.com.my/business/business-news/2020/09/25/hartalega-likely-to-benefit-from-nitrile-glove-shortage PETALING JAYA: There’s a worldwide shortage of nitrile gloves, and it could stretch for more than a year into the first half of 2022 due to a lack of raw materials. This may lead to Hartalega Holdings Bhd, one of the world’s largest nitrile gloves producers,…

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World Health Organisation (WHO) Estimates Manufacturing Must Increased by 40% to Meet Demand

World Market Outlook for the Disposable Gloves and Materials Markets 2020-2025: The World Health Organization Estimates Manufacturing Should be Increased by 40% to Meet Demand https://www.globenewswire.com/fr/news-release/2020/09/23/2098003/0/en/World-Market-Outlook-for-the-Disposable-Gloves-and-Materials-Markets-2020-2025-The-World-Health-Organisation-Estimates-Manufacturing-Should-be-Increased-by-40-to-Meet-Demand.html The COVID-19 pandemic spreading across countries and regions has caused a huge impact on people’s lives. Starting as a health crisis, it also poses serious threats to the global…

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The Glove Shortage will be Far Worse than the Mask Shortage

The upcoming nitrile glove shortage could be way worse than the mask shortage https://www.newstimes.com/shopping/article/what-do-do-about-upcoming-nitrile-glove-shortage-15557731.php In the face of the Covid-19 pandemic, a nitrile glove shortage may not seem as dire as a mask shortage. After all, no virus can “drill through the skin on your hand,” and masks are still the best safety precaution for…

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Transpacific to the West Coast Nudging $4000 per Container Gloves Nitrile

Maersk cancels all blanked sailings on the transpacific https://splash247.com/maersk-cancels-all-blanked-sailings-on-the-transpacific/ Citing the strong import volumes seen in North America seen over the past 60 days, which it anticipates to carry on until at least November, Maersk, the world’s largest containerline, has announced it is cancelling all blanked sailings on the transpacific. The record spot rates seen…

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The Glove Report Top Glove chairman Tan Sri Lim Wee Chai

In August the glove manufacturers connected to this website provided guidance that the prices would be going up 10 to 15 percent every two weeks through May of 2021. Now that story is coming true. 30% in October and 15% November. https://www.theedgemarkets.com/article/asp-nitrile-gloves-grow-30-october-and-15-november-says-top-glove KUALA LUMPUR (Sept 17): Top Glove Corp Bhd has guided that the average…

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