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Author: Ben Tan   |   Latest post: Fri, 4 Jun 2021, 12:59 PM

 

Rubber Glove Exports Malaysia Statistics

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The Department of Statistics (DoSM) just released the February 2021 monthly rubber statistics. You can find the summary of the statistics here. You can find the freely available statistical data here (you will need to log in).

Since March 2020, DoSM has been releasing brief information on the monthly values of rubber glove exports. Thanks to super_newbie who told me about the original source of the data, too. You can extract the data from here.

I have compiled the available data in the table below:

Month Exports Value (in billion RM) M-o-M Change
March 2020 1.777 +11.9%
April 2020 1.984 +11.6%
May 2020 2.129 +7.3%
June 2020 2.783 +30.7%
July 2020 3.173 +14%
August 2020 3.008 -5.2%
September 2020 3.777 +25.6%
October 2020 4.425 +14.6%
November 2020 4.467 +0.9%
December 2020 4,626 +3.6%
January 2021 5.680 +21.6%
February 2021 5.845 +3.9%

The total increase in value of rubber glove exports between March 2020 and February 2021 is 226%. For the first two months of the current quarter of the year, the increase in value of exports is 28% as compared to the first 2 months of the previous calendar quarter (October-November 2020).

Important disclaimer: Any views expressed are for informational and discussion purposes only. None of this information is intended as, and must not be understood as, a source of advice. It is imperative that you always do your own research and that you make any decisions based on your personal situation and your own personal understanding.

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  9 people like this.
 
divar21003 facts never lie.
15/04/2021 3:05 PM
LimitUp Gloves will fly again
15/04/2021 6:49 PM
Brutus There are still people singing Sunset industry for Gloves!
15/04/2021 7:32 PM
katsul51 Great work Ben. Thanks again for sharing
15/04/2021 9:27 PM
tradeview thanks for sharing the data
15/04/2021 11:46 PM
sanjanx wow
15/04/2021 11:51 PM
DickyMe This data means nothing! It only shows supply value.

In fact MoM Change is dwindling.
The intermittent spike comes only on the 3rd or 4th month and immediately drops.

The value could be hiked based on demand due to profiteering.

But only fools will believe GLOVES is a remedy for Covid.
15/04/2021 11:56 PM
DickyMe Cumulative value is not acceptable.
15/04/2021 11:58 PM
Jimmy07 Yes, this data shows supply value..it means a lot.
16/04/2021 5:46 AM
vespa oh boy, if you are losing on glove counters in your initial foray, set a target price on the way up to exit.
16/04/2021 6:38 AM
Ben Tan divar21003, LimitUp, Brutus, katsul51, tradeview, sanjanx, Jimmy07, vespa, thank you for your comments.
16/04/2021 1:13 PM
Targeted These are numbers that realy matter.....
17/04/2021 2:09 PM


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