Top Glove Sales Seen Weighed by Falling Prices -- Market Talk

Dow Jones

Jun 19

0142 GMT - Top Glove's sales volume is likely to decline by about 8% sequentially in fiscal 4Q, as buyers delay purchases in anticipation of further price declines, TA Securities analyst Tan Kong Jin says in a note. Nitrile butadiene rubber latex prices are expected to fall by about 38% in 2H, causing blended average selling prices to decline by between 6% and 10%, he reckons. Despite the near-term pressure on prices, the company plans to increase its effective production capacity to 72 billion gloves by the end of the current fiscal from 64 billion in FY 2025. TA Securities maintains a sell rating on Top Glove and maintains the target price at 0.65 ringgit. Shares are unchanged at 0.72 ringgit. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

June 18, 2026 21:42 ET (01:42 GMT)

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Nitrile butadiene rubber latex prices are expected to fall by about 38% in 2H, causing blended average selling prices to decline by between 6% and 10%, he reckons. Despite the near-term pressure on prices, the company plans to increase its effective production capacity to 72 billion gloves by the end of the current fiscal from 64 billion in FY 2025. TA Securities maintains a sell rating on <a href=\"https://laohu8.com/S/TPGVF\">Top Glove</a> and maintains the target price at 0.65 ringgit. Shares are unchanged at 0.72 ringgit. 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Nitrile butadiene rubber latex prices are expected to fall by about 38% in 2H, causing blended average selling prices to decline by between 6% and 10%, he reckons. Despite the near-term pressure on prices, the company plans to increase its effective production capacity to 72 billion gloves by the end of the current fiscal from 64 billion in FY 2025. TA Securities maintains a sell rating on <a href=\"https://laohu8.com/S/TPGVF\">Top Glove</a> and maintains the target price at 0.65 ringgit. Shares are unchanged at 0.72 ringgit. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 18, 2026 21:42 ET (01:42 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BVA.SI","symbol_name":"顶级手套有限公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2644030887","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2644030887","pubTimestamp":1781833320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0142 GMT - Top Glove's sales volume is likely to decline by about 8% sequentially in fiscal 4Q, as buyers delay purchases in anticipation of further price declines, TA Securities analyst Tan Kong Jin says in a note. Nitrile butadiene rubber latex prices are expected to fall by about 38% in 2H, causing blended average selling prices to decline by between 6% and 10%, he reckons. Despite the near-term pressure on prices, the company plans to increase its effective production capacity to 72 billion gloves by the end of the current fiscal from 64 billion in FY 2025. TA Securities maintains a sell rating on Top Glove and maintains the target price at 0.65 ringgit. Shares are unchanged at 0.72 ringgit. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"BVA.SI":"顶级手套有限公司"},"translate_title":"顶级手套销售因价格下跌而承压——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BVA.SI":1.5},"content_text":"0142 GMT - Top Glove's sales volume is likely to decline by about 8% sequentially in fiscal 4Q, as buyers delay purchases in anticipation of further price declines, TA Securities analyst Tan Kong Jin says in a note. Nitrile butadiene rubber latex prices are expected to fall by about 38% in 2H, causing blended average selling prices to decline by between 6% and 10%, he reckons. Despite the near-term pressure on prices, the company plans to increase its effective production capacity to 72 billion gloves by the end of the current fiscal from 64 billion in FY 2025. TA Securities maintains a sell rating on Top Glove and maintains the target price at 0.65 ringgit. Shares are unchanged at 0.72 ringgit. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 18, 2026 21:42 ET (01:42 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}