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KUALA LUMPUR (May 8): New Paradigm Research in a note on Friday said it expects glove makers’ earnings to double in one to two quarters on glove makers' unique opportunity to raise prices above and beyond direct cost impacts.
This is supported by industry-wide price adjustments, US tariffs limiting Chinese imports, and delayed increases in gas costs for producers.
The research house is more optimistic than the market, forecasting 60%–80% higher earnings for glove makers because it believes th