Blue Sail Medical Reports Significant Price Increase in Nitrile Gloves

Blue Sail Medical announced during its earnings briefing on May 19 that the price of nitrile gloves has significantly increased since the end of the first quarter of 2026. According to Jin10, recent order prices have nearly doubled compared to the beginning of the year, and current order prices remain at high levels. In the first quarter, the profitability of nitrile gloves per unit has notably improved, with expectations for further cost improvements, potentially narrowing the gap with leading domestic competitors. PVC gloves have also achieved slight profitability. Entering the second quarter, the company anticipates maintaining a leading position in comprehensive costs due to the early stocking of low-cost raw materials, ongoing technological upgrades, and further enhancements in cogeneration. The profit margin for nitrile gloves is expected to be more elastic, and the PVC glove business is projected to achieve clear profitability starting from the second quarter. The company expects to release higher profit elasticity throughout the year, building on the strong start achieved in the first quarter.