Nitrile Gloves – Available in US Inventory at Low Cost
Personal Protection Equipment (PPE) is more important now than ever to help reduce the spread of COVID-19, especially given that so many states are seeing increasing number of cases. Having US inventory at hand is key. PPE in US warehouses is a huge advantage for volume buyers.
The rise of COVID-19 in many states continues to plague America, and the social gatherings for the 4th of July on many different levels may further increase the spread of the virus. Having
PPE Source International has the experience and the focus to help end users, distributors, and resellers with Isolation Gown and Nitrile Glove inventory as well as IR forehead thermometers, KN95 Medical Masks, and other PPE, including, civilian KN95 masks, and gel hand sanitizer in a range of sizes.
To order contact: Sales@PPESourceInternational.com
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COVID-19 NEWS is always helpful to stay up on the situation. Here is an example: https://asia.nikkei.com/Business/Markets/Glove-makers-and-net-stocks-see-COVID-19-boom-in-bear-market2
BANGKOK -- Malaysian glove makers are among the few companies whose shares are benefiting from the novel coronavirus pandemic, as Asia demands higher standards of public hygiene.
Among the roughly 320 components of the Nikkei Asia300 stock index, only 58 issues, or 18%, have risen in the first half of 2020, while more than 260 have lost ground. Overall, the Asia300 stock index was down 7.5%, at 1288.36, as of Tuesday's close.
Malaysia's two big glove makers both saw triple-digit rises in their share prices for the six months ending June. Top Glove emerged as the biggest winner on the local stock exchange, the shares skyrocketing 242.6% in the last six months.
Surging demand for medical gloves due to the pandemic fueled investors' appetite for the stock. With good reason: Top Glove had a net profit of 575 million ringgit ($134 million) in the nine months through May, nearly double the figure for the same period the previous year.
Top Glove Executive Chairman Lim Wee Chai told the Nikkei Asian Review that global demand for gloves is estimated at 306 billion pieces this year, up 20% from the previous year. The company expects to capture 35% of that market, Lim said.
Even as the company rakes in cash, it is struggling with an acute shortage of talent. Malaysia closed its borders on March 18, cutting off Top Glove's access to foreign labor. "We are hiring local workers as there is a critical shortage," said Lim.