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Gloves are down today. Two main news making rounds are:
*Potential windfall tax* (historically: 15-30%)
• *New additional supply from Chinese players in nitrile gloves*:
a) Bluesail: 30 bil (Ph1: 10 bil in May 2021, Ph2: Dec 2021)
b) Medical Intco: 10 bil (2-3 years time)
*Note: 10 bil = 2.5% of global demand
