Yes, I think the glove makers have been suffering from supply / demand being out of whack post COVID. Now that China's zero-COVID policy has been lifted, there was a surge in demand. But I'm not sure how the industry supply / demand will look like, and whether glove ASP is really going to trend higher. I'll have to spend more time on the industry to know for sure.
Not sure if it is a thing for them, but there are many chemical companies looking for petrochemical substitutes, and natural rubber may qualify. I also dont know if this works on the glove industry.
I guess Sri Trang Agro-Industry could benefit from the current ESG trend.
Interisting to look closer.
Yes, I think the glove makers have been suffering from supply / demand being out of whack post COVID. Now that China's zero-COVID policy has been lifted, there was a surge in demand. But I'm not sure how the industry supply / demand will look like, and whether glove ASP is really going to trend higher. I'll have to spend more time on the industry to know for sure.
Not sure if it is a thing for them, but there are many chemical companies looking for petrochemical substitutes, and natural rubber may qualify. I also dont know if this works on the glove industry.