US, Europe, and Asia during Q1/2019. Also contributing, the trade war between the US and China which is likely to persist, even though President Trump has announced the deferment of tax on Chinese

THB 18,079 per ton, increased 4% from the previous quarter, due to the increase in market price worldwide, especially in China and East Asia. Steel consumption in China had risen for 11.3% in the first

growth. However, China operations decreased slightly by 4.8% due to the rapid spread of Covid-19 after the relaxation of China’s zero Covid policy during December which resulted in a decrease in automobile

War trade crisis between USA and China which were heavy retaliate. China’s currency has weakened to lower than 7 Yuan per 1 USD that is the first time in 11 years after USA announce to increasing the

billion) of income, an 11.7 percent increase from 2016. The main driver of tourism income was spending by Chinese tourists. Meanwhile, global financial markets experienced occasional volatility amid

, and China’s increasing export after ending their tax program to stimulate car sales for this year. The Mogas/Dubai crack spread (UNL95/DB) decreased by 0.73 $/BBL compared to the averaged 14.42 $/BBL in

the Chinese fishery sector increased after the end of their seasonal ban on fishing in the South and Eastern China Sea, combined with increase in number of mines operational in Australia has also help

China and East Asia. Steel consumption in China had risen for 11.3% in the first 8 months of 2017 resulted in a drop in China’s steel export. Rising trend in prices of flat steel in East Asia in Q3/2017

, the Chinese economic slowdown, resulting from its economic reforms, also hampered other economies, especially its major trade partners in Asia which had relied largely on China’s strength. The World

supplies after various refineries have finished their turnaround maintenance period, and lowering demand from the Chinese fishing sector after entering the fishing ban season in the South and East China seas