No V-shaped recovery for glove sector in 2024


KUALA LUMPUR: Kenanga Research is down on rubber glove players, a view it says was backed by recent profit announcements that pointed to an uneven recovery.

In its latest sector update, the research firm tallied a slew of problems besetting the industry, including continued weak demand for gloves, massive overcapacity and predatory pricing by certain overseas players.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Gloves , rubber , latex , Top Glove , Kossan , Hartalega , Supermax , Kenanga

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