Top Glove noted a 47-percent decline in nitrile prices from September 2021 to an estimated $1.08/kg for January 2022.
NR latex prices also dropped 29 percent from $1.66/kg in May, to $1.18/kg in September. The trend, however, was reversed due to the La Nina weather phenomenon, bringing the price to $1.28/kg for January 2022.
Butadiene prices, Top Glove said, "declined steeply" due to additional supply capacity and lower demand from downstream production.
Acrylonitrile prices fell 25 percent from $2.68/kg in May to $2.00/kg in January, Top Glove added.
The three months to end of December 2021, however, saw a 21-percent jump in natural gas tariff.