GLOVEMAKERS are set to continue recording stronger earnings in 2021, on the back of higher average selling prices, increase in production capacity and better economies of scale.
An analyst with a local bank-backed brokerage said demand for rubber gloves will continue to be strong next year, mainly due to the impact of the Covid-19 pandemic and distribution of the vaccine across the globe.
“The surge in infections across the globe has ramped up demand for rubber gloves.
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