Discussion and Analysis 2Q2020 - Market Overview by Business Methyl Ester (Biodiesel) Exhibit 3: Product and Feedstock Prices Average Price 2Q2020 2Q2019 % YoY 1Q2020 % QoQ 1H2020 1H2019 % YoY Methyl Ester
crude oil prices we expect to see improved performance in the laggards of 2Q20. • Liquidity in the company remains high with cash and cash equivalents of US$0.8B and unutilized credit lines of US$ 2.0B
pushing biodiesel B10 to be the mandatory diesel in 2020 that lead to sharply rise in crude palm oil ( CPO) and crude palm kernel oil (CPKO) prices at the end of 2019. Since early 2019, the stock of crude
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
operations. 1.1 Factors that affect business operations. In the year 2018, the Company affected from; prices of raw materials, cotton and polyester, risen since the second quarter; uncertainty of crude oil
to maintain the stability of CPO market at the time until the CPO prices have dropped to 26.00 Baht/kilogram when the amount CPO out to oversupply. The government will have increased the proportion of
consequences; resulting customer orders decreased. World market prices of crude oil and cotton has been risen since the second quarter, and also the fluctuations of currency exchange rates affecting the Company
softening in their gross margins rates. The overall average selling prices decreased from the previous year, following the decline of global raw material prices with baht also weakened in the current period
are the largest player. Average prices have continued on an upward trend through Q3 and we expect this to continue into the end of the year. We see increased recognition from the market of the value mix
mainly form energy prices. Therefore, the unemployment rate at 1.53% in the first quarter of 2022 dropped from the previous year and household debt tends to increase due to rising prices of consumer goods