0149 GMT - Malaysian rubber glove sector's outlook may remain weak, TA Securities analyst Tan Kong Jin says in a note. Global oversupply may persist as Chinese manufacturers expand aggressively into Southeast Asia, potentially adding 60-80 billion pieces of new capacity in coming years. This makes any meaningful recovery unlikely before end-2027, while intense price competition keeps buyers highly cost-sensitive, limiting upside to average selling prices in 2026, he adds. Although Malaysian players could benefit from the U.S. market's higher selling prices, non-U.S. markets are expected to remain challenging given Chinese suppliers' price war, Tan says. A stronger ringgit further weighs on earnings, as exporters struggle to pass on costs, with every MYR0.05 appreciation shaving about 4% off profits. TA maintains an underweight rating on Malaysian rubber glove sector.(yingxian.wong@wsj.com)

(END) Dow Jones Newswires

January 18, 2026 20:49 ET (01:49 GMT)

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