(exclude spectrum) Approx. Bt30bn Core service revenue is expected to grow at low-single digit due to economic fluctuation. Thai economy outlook for the rest of the year expects to remain fragile despite a
remains fragile with the local political situation and recession risk creating uncertainties in several regions. At the same time, the geopolitical risk continues catalyzing global supply chain disruption
started producing more gasoline products. When compared to Q1/2017, Mogas/Dubai crack spread (UNL95/DB) decreased by 0.53 USD/BBL. In Q2/2017 the crack spread faced pressure from excess supply; especially
the buying of Mixed Xylene (MX) as feedstock to Paraxylene, we have been able to create a natural hedge. MTBE and MX, both being gasoline blend components, have very similar price points with over 90
tourists, compared to 5,872,145 people in the pre-COVID-19 period (Jan-Feb 2020), as travel restriction remained in place. In 2021, the recovery of the Thai economy is expected to be fragile and uneven
fragile, others remained mired in uncertainty in terms of new modes of competition, a broader marketplace within the ASEAN Economic Community (AEC) and the digital age, along with external changes
transaction of 4.55 million barrels. The majority of trade consist of gasoline, crude oil, fuel oil, and Naphtha. The higher earning stemmed from the procurement of finished product for the refinery during TAM
. 47 million barrels of oil trading transactions, the main product contributing to the transaction were gasoline, crude oil, fuel oil, and naphtha. The increase in revenue was for new countries such as
delivering to our customers at this time of lockdown and crisis led by COVID19. Our PX business in USA has seen improvement with lower feedstock prices driven by lower crude oil and lower gasoline demand
Thailand. The Bank of Thailand revised down the projection of overall economy for 2020 to contract 7.8% (as of September 2020) from the earlier forecast of 8.1%. But the fragile labor market, uncertain