PETALING JAYA: The growth rate of average selling prices (ASPs) for gloves is expected to slow in the coming months but that is not going to dissuade Top Glove Holding Bhd from committing RM8bil in capital expenditure for expansion over the next six years.
Top Glove executive chairman Tan Sri Lim Wee Chai said the ASPs for nitrile gloves is currently US$70 per 1,000 pieces and is expected to increase by 30% in October and 15% in November.
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