Jom & Terry
NBR SHORTAGE BENEFITS TOPGLOV
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NBR SHORTAGE
BENEFITS TOPGLOV
The glove industry is experiencing NBR (nitrile butadiene rubber) shortage, probably until 2021. Customers have to shift to latex gloves.
TOPGLOV has the largest latex glove product mix of 35%, versus HARTA & KOSSAN's <5%.
Overall, glove demands (both nitrile & latex) remain strong.
Source: UOB Hay Kian
DISCLAIMER
We compile our study notes based on publicly available information. We share our study notes for free, for sharing purpose only. There is no buy/sell recommendation.
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