- In 1H26, the sector moves into a more balanced phase where downside risks are better understood and already largely reflected in valuations.
Temporary relief
- While we do not expect a major re-rating, Malaysia glove makers may see near-term stability in pricing and volumes, helped by start-up issues at a major China maker’s Indonesia plant and weather-related disruptions in Thailand.
- - Read this at SGinvestors.io -
A short breather from China competition
- Pressure from China makers remains, but recent start-up operational issues at a major China glove producer with its new Indonesia lines could temporarily slow competitive supply growth over the next one to two quarters. We understand that while the company initially planned to run 20 lines, only half of them are currently operational due to these start-up challenges.
- - Read this at SGinvestors.io -
Temporary Thai supply disruptions aid M’sia makers
- Read more at SGinvestors.io.
Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.
Wong Wei Sum CFA Maybank Research | https://www.maybanktrade.com.sg/ 2025-12-07
More views on outlook of manufacturing / technology sector:
Analyst Reports on Singapore Manufacturing & Technology Sector
Read also Maybank's most recent report:
2026-03-19 Top Glove - Navigating Short-term Volatility; Profit In Line.
Previous report by Maybank:
2025-12-17 Top Glove - Operational Recovery Gathers Pace.
Price targets by 2 other brokers at Top Glove Target Prices.
Listing of research reports at Top Glove Analyst Reports.
Relevant links:
Top Glove Share Price History,
Top Glove Announcements,
Top Glove Dividend Payout Dates & Corporate Actions,
Top Glove News
