The Malaysian company "Top Glove", which manufactures one in five gloves globally, expected a deficit in its product as demand from Europe and the United States increased due to the spread of the Corona virus outbreak.


CEO Lim Wei Chai told Reuters by phone that the company had extended delivery times to meet increased demand.


He added that the company has received orders in the past few weeks from Europe and the United States, mainly to almost double its capacity, noting that "Top Glove" can produce 200 thousand gloves of natural and industrial rubber daily.


Lim continued, "Of course there is a deficit, they increase orders by 100% and we can increase them by only 20%, so there is a deficit between 50 and 80%."


He pointed out that the momentum of exceptional purchases continues for another three months, but it is expected that the demand will remain strong for up to nine months even with the start of slowing demand a little from Asia, indicating that to meet this situation, the company adjusted the delivery period from 30 days to 150 days .