Rubber Products - RHB Research 2025-05-13: Twist Of Fate; Downgrade To UNDERWEIGHT

• Downgrade Malaysia rubber product sector to UNDERWEIGHT from Overweight; Top Pick: Riverstone (SGX:AP4) - see report: Riverstone: Minimal Impact From Easing Of Trade Tensions; BUY.
• - Read this at SGinvestors.io -

Narrowing ASP gap.

• - Read this at SGinvestors.io -
• All in, the ASP difference between Malaysian and Chinese players is set to narrow to just US$4 from US$21.
• Looking to 2026, China ASPs could reach as high as US$31.50, taking into effect the 100% tariffs imposed under the Biden administration, i.e. Malaysia could remain competitive in 2026 should the 100% tariffs remain in place.

Potential impact.

• Read more at SGinvestors.io.

Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

More views on outlook of manufacturing / technology sector:
Analyst Reports on Singapore Manufacturing & Technology Sector