, as coconut oil price declined, which the coconut oil is the substitute raw material to crude palm kernel oil, as a result, some producers had used coconut oil to be raw material and thus short chain
would drop c.15% YoY as last year there were sales of coconut water with annual contract, which already expired. In addition, stronger Thai baht by c.7% against the US dollar compared with the same period
% YoY, with details as follows: Domestic branded sales slightly declined by c.1% YoY. Export branded sales dropped by c.20% YoY, as last year there were sales of coconut water with annual contract
USD/Ton. The increase in crude palm kernel oil price in quarter 3/2017 was resulted from the higher demand as it can be raw material that substitutes coconut oil of which price was rising from tight
market, while the market demand was limited, chiefly from a growing health concern, trade barriers from some countries and increasing production of substitute goods which is coconut oil, attributed to
there were sales of coconut water with annual contract, which already expired; sales drop in the Company’s major export counties, e.g. Cambodia where there’s sub-distributor changeover affecting sales in
purchasing power of consumers who go travelling at the beach. In addition, special menus was launched including the Watermelon Kagirori, Coconut Kagigori or the Blended Guava with Plum. Expand dessert shops
“Peach and Lychee Yoghurt Frappe X Ivy” and “Shibuya Honey Toast x Detective Conan” or launching Company’s own products such as the “Kakigori Watermelon Dried Fish” and the “Coconut Americano”. After
harmonious taste. ➢ Oatmilk Kakigōri with Mango, Pineapple, and Passion Fruit flavors and Oatmilk & Peanut Butter Pancake with Coconut Flower Syrup in collaboration with Oatside to launch 2 new menus to
the month of love with bread stuffed with palm sugar filling, sprinkled with white sesame seeds, black sesame seeds, and roasted coconut. Ø Acai Berry Kakigori, a special Valentine's Day menu of acai