Intco Medical stated during its semi-annual report conference call that customers currently show a strong willingness to place orders. In the second quarter, affected by the situation in the Middle East and fluctuations in crude oil prices, the price of disposable gloves rose significantly. Coupled with rising international shipping costs, customers slowed down procurement and consumed inventory, resulting in customer inventories currently being almost all at low levels, with obvious restocking demand. After August, the peak purchasing season for customers will begin and is expected to last until around Christmas.
Shandong Intco Medical Products Co LtdCustomers show strong willingness to order and restocking demand is obvious after inventories hit low levels.
