Koon Yew Yin's Blog

Medical workers must wear gloves to inject vaccines and to test coronavirus - Koon Yew Yin

Koon Yew Yin
Publish date: Tue, 10 Nov 2020, 05:47 PM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin
Following Message

Today all the glove stocks have been dropping because many glove stockholders are dumping their holdings as they are afraid that vaccines will be available and the demand for gloves will be reduced soon.     

When vaccines are proven safe for use, more medical workers will be employed and all of them are required to wear gloves. As a result, more gloves are required as shown in the photos above. 

Currently there are 51.3 million Covid 19 cases and 1.27 million deaths in the world. The number of daily new cases and deaths are still spiking.

One of the best ways to control the spread of the virus is frequent testing. More medical workers will be required to do the testing and all of them are required to wear gloves as shown on the photos above. More gloves will be used.

Many scientists predicted that the pandemic will not be under controlled for at least 1 or more years. Moreover, it will take a long time to produce enough of vaccines to vaccinate 70% of the world population to stop the spread of the virus. As I said above, more medical workers    will be required to do the vaccinations and all of them must wear gloves.

Due to Covid 19 pandemic the demand for medical gloves will continue to exceed supply and all the glove makers are increasing their selling prices to make more and more profit. 

 

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