Top Glove returns to the black in 2Q

Executive chairman Tan Sri Lim Wee Chai said the company is confident of putting up a strong competition with China players due to the better cost structure.

KUALA LUMPUR: Price competition is seen to rise further for Top Glove Corp Bhd as it seeks to maintain market share amid heightened competition with China-based players.

However, other tailwinds for the group might come from further market share gains in the United States if the trade war steps up further and expectations of a gradual decrease in raw material prices.