Mie Zar's comment on SUPERMX. All Comments

Mie Zar
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new record everyday
Daniel
Certain types of low margin manufacturing businesses cannot be set up & be viable in the USA due to their high cost structure especially when prevailing ASPs are exceptionally low. Only COVID-19 pandemic exceptional ASPs pricing can justify investments in the USA for glove manufacturing as Demand > Supplies. Based on exceptionally margins and profitability during COVID-19 pandemic years, there are now too many newcomers due to their low barrier to entry industry and already overwhelming Supplies > Demand.
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