Glove demand is good and some said 1 yr waiting list. Before Covid, Msia gloves companies were running at almost 75% - 80% cap. With the sudden surge in demand, they only can hv additional 25% cap to support.
So how much % increase of NP can be generated from the additional 25% upside + strong US$.....with current capacity....
On top of their current expansion plan which they worked-up before covid, need at least 9 months for any new capacity expansion plan to be commence..
And also 1 very important issue: Raw Material for glove, good demand will push up raw material cost and...... Just like what happened to raw material for masks.
paktua always gilaa swing team.. in n out.. we done eat back at 2.25-2.29.. its swing team always buy on correction time.. let ride on next week.. here we have two type of team.. 2 platoons plays mid term player.. hold at 1.3++ 2 elite squad play swing.. hold avrrge 2.27++
Gasoline demand correlates pretty well with the employment level, and it’s hard to see gasoline demand come back much more than it already has,” John Kilduff, partner at Again Capital LLC, told CNBC.OPEC said on Wednesday it expected global oil demand to shrink by 9.07 million bpd in 2020, with the current quarter expected to see the steepest decline.
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Posted by Jiasaihooi > 2020-05-15 14:57 | Report Abuse
uncke not selling dayang, dont miss understabd because of the oil price plunged due to covid-19. Must clarified understandable