No excessive downward pressure on ASP, says Hartalega

KUALA LUMPUR: Hartalega Holdings Bhd's product average selling price (ASP) could continue to show improvement quarter-on-quarter although this is expected to taper in 2QFY22, its management has guided.

"Due to the over ordering over the past 15 months since the pandemic started, the market is currently undergoing through a phase of inventory adjustment.