U.S. Suspension Order,Malaysian Rubber Glove Companies Lost About 5.4 Billion Yuan-Henan Xuannuo Chemical Co., Ltd

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U.S. Suspension Order,Malaysian Rubber Glove Companies Lost About 5.4 Billion Yuan
1970-01-01

According to reports, the Malaysian Rubber Glove Manufacturers Association (MARGMA) issued a statement on March 2 stating that due to the U.S. withholding order (WRO), local glove manufacturers are estimated to suffer losses of about 3.6 billion ringgit (about 5.4 billion yuan). .

Recently, U.S. Customs and Border Protection (CBP) issued a detention order against a Malaysian rubber glove company.

Malaysia is one of the world's largest producers of rubber gloves, and the demand for rubber gloves as anti-epidemic materials has skyrocketed during the new crown epidemic.

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