Kenanga IB said that it expects the oversupply “to be less acute and gradually improve, following signs of players culling production capacity via decommissioning of selective plants, and exit of new entrants”.
Demand and supply could be balanced by 2026, as long as there is no new capacity and global demand grows 15% annually from increasing hygiene awareness, Kenanga IB added.
$KOSSAN (7153.MY)$

$KOSSAN (7153.MY)$ $HARTA (5168.MY)$
KUALA LUMPUR (Nov 5): Malaysia's rubber glove export is expected to climb 16% to a new record of RM13.7 billion in 2024, following the historic high of RM11.8 billion achieved in 2023, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.
Rubber glove exports constituted 42.8% of the total rubber industry's exports of RM27.8 billion in 2023, Chan s...

The stock market is a device to transfer money from the impatient to the patient.
$TOPGLOV (7113.MY)$ $HARTA (5168.MY)$ $KOSSAN (7153.MY)$

Our favorite holding period is forever 🧤🚀🚀
$KOSSAN (7153.MY)$ $HARTA (5168.MY)$ $TOPGLOV (7113.MY)$

$KOSSAN (7153.MY)$
Price is what you pay. Value is what you get.

Risk comes from not knowing what you’re doing. $KOSSAN (7153.MY)$

$KOSSAN (7153.MY)$ Risk comes from not knowing what you’re doing. Due to the geopolitical concerned,  gloves sectors in malaysia has become one of the sectors which benefit the most especially  after us government  imposed heavy tariffs on china gloves companies.  This is just a beginning and i will definately hodl Kossan!! 🧤

$KOSSAN (7153.MY)$  Our favorite holding period is forever.🧤🚀🚀