Kenanga Research said the oversupply concerns affecting the rubber glove sector appeared to be overplayed and that this would only be a temporary rough patch.
PETALING JAYA: Glove maker Hartalega Holdings Bhd
will see better quarters ahead with the recovery in demand and average selling prices (ASPs) as well as the weakening of the ringgit against the US dollar, a research house said.
Kenanga Research said the oversupply concerns affecting the rubber glove sector appeared to be overplayed and that this would only be a temporary rough patch.
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