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At US$3,000 pmt for nitrile latex, he estimates the cost to produce 1,000 pieces of nitrile gloves would increase by 70% quarter-on-quarter (q-o-q) to RM120. “We expect nitrile latex price to continue to rise throughout 2021 and could only ease towards the end of 2022 once suppliers’ capacity expansion projects are completed,” he said.

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