TA Research expects Top Glove Corp Bhd’s nitrile gloves spot prices to increase a further 10% in January 2021.
PETALING JAYA: The average selling prices (ASP) of rubber gloves are still on the upward trend and glove companies’ profits will be strong in the year ahead, said TA Research.
This trend of rising ASPs could continue to persist until May 2021, it said, reiterating its “overweight” rating on rubber glove makers.
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