- 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.
