usage during the same period of the previous year. Electricity usage of industrial sector and business sector dropped 7% and 11.4%, respectively, due to global economic slowdown as a result of COVID-19
primarily due to: • Revenue from sales and cost of goods sold The total sales volumes reduced from last year quarter by 4% and average HRC selling price reduced from last year quarter by 17% mainly due to the
consumption is climbing due to rising of the Methyl Ester Fatty Alcohols Global Green Chemicals Public Company Limited Management Discussion and Analysis | 6 domestic methyl ester demand which was estimated to
businesses, the total number of service stations as of the end of Q1 / 2020 was a total of 1,204 locations across the country. In term of Net Marketing Margin, due to decline in oil price in the global market
but slower than the previous quarter because of the deceleration of exporting sector and the world economy. Merchandise exports were projected to recover more slowly than expected due to the slowdown in
. Meanwhile, internal and external factors that affect the Thai economy are the slowing global economy growth due to the inconclusive trade war between the US and China. Having considered the above-mentioned
was due to the global crude oil price volatility in the quarter. Moreover, Net Marketing Margin softened from THB 0.83 to THB 0.77 per liter, following the higher global finished oil product prices
yield curve inversion and the downgrade of global economic growth projections. However, US bond yields swung back to rise at the end of the quarter due to easing global trade tensions after the US and
. Nevertheless, merchandise exports are expected to improve on the back of a modest global trade recovery due to recent progress in the US-China trade negotiations. World trade volume growth is forecast to improve
contract was THB 95 million, due to the fluctuation of global crude oil price during the quarter. 6. Loss from foreign currency forward contracts was THB 28 million, resulted from the foreign exchange buying