Rubber Glove companies till year 2023
AT (0072) - EGM, ESOS & Slideshows (12 April 21)
koolset
Publish date: Mon, 12 Apr 2021, 08:14 PM
koolset
0 52
Countries are running out of gloves and have to purchase even more to overcome the incoming shortage.
For next 2-3 years, glove manufacturers will have to even more gloves compared to this year. Eventually, price will increase over time and the simple answer to that is because of the decreasing amount of raw rubber latex materials to produce it.
It is expected that the demand will be higher than 350b gloves next year according to Careplus annual report 2020. What's next?
For next 2-3 years, glove manufacturers will have to even more gloves compared to this year. Eventually, price will increase over time and the simple answer to that is because of the decreasing amount of raw rubber latex materials to produce it.
It is expected that the demand will be higher than 350b gloves next year according to Careplus annual report 2020. What's next?
Thank you, Faiz for the pictures.
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Discussions
1 person likes this. Showing 8 of 8 comments
Looks like AT price will stay below 15 Cents, then once awhile it will spike to 20 cent, then back to below 15 cents range next few years. Business looks good but the management is not credible enough.
2021-04-13 10:29
they do not expect the golve profit. they reported profitable of glove on 2022
2021-04-13 11:24
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