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Public IB downgrades Malaysian rubber glove sector to underweight

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  • Public Investment Bank downgraded Malaysia’s rubber glove sector to underweight from neutral.
  • Chinese glove manufacturers are expanding scale and supply-chain integration, according to Hailey Chung.
  • Malaysian manufacturers have raised prices as Chinese glove average selling prices increased.
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Public IB downgrades Malaysian rubber glove sector to underweight - CoinPost Terminal