Hospitals face glove shortage as Malaysian makers hike prices by 40%

Rubber glove makers have raised prices and warned of production cuts as the Iran war chokes supplies of key inputs, raising concerns for the healthcare sector. Glove makers have already hiked the average price of synthetic rubber gloves by around 40 per cent to as high as US$29 for a box ‌of 1,000, according to Oong Chun Sung, an equity research analyst at CIMB Securities. Sustained disruption to supply chains from the conflict could lead to glove shortages by late May, analysts at Malaysia’s...