1. MARGMA (Malaysian Rubber Glove Manufacturers Association)had projected demand of rubber gloves to reach ~300 billion pieces in 2020 with an annual growth of 12%,
2. The current outbreak of novel Covid-19 has resulted in a 100% surge in demand globally in the first few months of 2020.
Blog Journal & Thoughts On The Financial, Insurance & Investment Environment
Sunday, 26 April 2020
Sunday, 19 April 2020
2019 and Q1 2020 Stainless Steel Industry Trends
1. Global stainless steel purchasing activity is steady, at a level, generally, a little below that of one year ago.
2. A pickup in order volumes was reported in January. This was boosted by stock replenishment.
3. Many supply chain participants routinely minimise their inventory levels towards the calendar year-end, in order to improve their quarterly or annual accounts. Material must then be purchased at an accelerated rate at the beginning of the new period, to return stocks to a practical, working level.
4. Subsequently, with underlying demand, reportedly, rather weak, buying activity slowed, during late January and February. As a result, producers, in most of the world, were unable to achieve price rises, or even, in the case of flat products, maintain rollover values, this March.
2. A pickup in order volumes was reported in January. This was boosted by stock replenishment.
3. Many supply chain participants routinely minimise their inventory levels towards the calendar year-end, in order to improve their quarterly or annual accounts. Material must then be purchased at an accelerated rate at the beginning of the new period, to return stocks to a practical, working level.
4. Subsequently, with underlying demand, reportedly, rather weak, buying activity slowed, during late January and February. As a result, producers, in most of the world, were unable to achieve price rises, or even, in the case of flat products, maintain rollover values, this March.
Sunday, 12 April 2020
Respirator Mask Industry Analysis
1. A respirator mask is a personal protective equipment that prevents the wearer from inhaling aerosols as well as vapors or gases that are health hazards.
2. Unlike normal surgical mask that only protects against infectious droplets (e.g. droplets of saliva or other secretions), respirator mask can also protect the wearer from inhaling micro airborne infectious agents such as airborne virus (including coronavirus, SARS, H1N1, etc).
2. Unlike normal surgical mask that only protects against infectious droplets (e.g. droplets of saliva or other secretions), respirator mask can also protect the wearer from inhaling micro airborne infectious agents such as airborne virus (including coronavirus, SARS, H1N1, etc).
Saturday, 11 April 2020
Africa’s First High Speed Line is on Track to Cover its Costs
1. Named Al Boraq after a magical winged creature of Islamic lore, it is the first train service of its kind in Africa, running along the Atlantic coast for 200 kilometres between the port of Tangier and the commercial hub of Casablanca.
2. The Al-Boraq high-speed rail service is a key project for Moroccan infrastructure.
3. It was launched in November 2018 between Rabat and Tangier and carried three million passengers in its first year of service, according to figures from the national railway office ONCF.
4. Al Boraq’s rail stock includes 12 trains. Each service or trip has two locomotives and eight cars with a capacity for 533 passengers.
2. The Al-Boraq high-speed rail service is a key project for Moroccan infrastructure.
3. It was launched in November 2018 between Rabat and Tangier and carried three million passengers in its first year of service, according to figures from the national railway office ONCF.
4. Al Boraq’s rail stock includes 12 trains. Each service or trip has two locomotives and eight cars with a capacity for 533 passengers.
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