Average selling price for gloves will continue to rise. (File pic - Kossan products.)
PETALING JAYA: The selling on Kossan Rubber Industries Bhd
shares is overdone as the average selling price (ASP) for gloves is still rising, said RHB Research.
The brokerage also pointed out that the uptrend in ASPs for gloves would continue in 2021, given the shortage of nitrile butadiene (NBR) and a glove deficit of 7.4bil pieces.
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