finished product and reference crude price crack spread sharply adjusting downward. However, (Restate) Management Discussion and Analysis of Business Operation for Q1/2019 Bangchak Corporation Plc. I 7 this
respect to downward pressure from demand for Fuel Oil in the electricity production sector in Asia decreasing in Japan and Pakistan, and refineries operating at high utilization rate leading to more
aggressive discount were withdrew in Jan-Feb while demand from lockdown only emerged in the last week of March. APRU continued declining as the competition remained elevated particularly with deep discount
, the worsened macroeconomic conditions with higher inflation and energy cost affected the cost of living and pushed the 4Q22 blended ARPU downward -4.6%YoY. This was also an impact of prolonged intense
CPO to be used for electricity generation which is under considering by the government. Natural fatty alcohols (FA) market in 2Q2020 moved downward from the same period of previous year, negatively
Fatty Alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of Malaysian Palm Oil Board (MPOB) CPKO MPOB price in 1Q2018 was in the downward trend. 1Q2018
previous year. The profitability of methyl ester was pressured by stiffen competition with increasing supply in Thailand. Additionally, the declining of palm oil price and the falling global glycerine price
, combined with crude oil price declining during the quarter leading to retail price at service stations remain optimal relative to the finished product cost. Power Plant Business, increased in total
of phase 1 to 3 of the project in Thailand, for this year has slightly adjusted downward (-2%) from the lower average irradiation hours due to increase rainfall compared to 2016. 2. Solar power plant