BIMB Securities Research said the hike in glove average selling prices (ASPs) are expected to peak in the first half of 2021 and gradually decline from the second half, with the rollout of vaccines and rising competition
PETALING JAYA: Brokers expect demand for gloves to moderate as Covid-19 vaccines are being rolled out in an increasing number of countries.
Demand moderation is expected to be gradual and would not drop sharply in view of the greatly heightened healthcare and hygiene awareness.
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