PETALING JAYA: The demand supply imbalances of the glove industry is expected to normalise after 2022, as average selling prices (ASPs) decline.
These expectations have been factored into the earnings forecast of local glove makers, which show a dip in earnings for 2022, after a run-up in 2020 and 2021.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!