finished product and reference crude price crack spread sharply adjusting downward. However, (Restate) Management Discussion and Analysis of Business Operation for Q1/2019 Bangchak Corporation Plc. I 7 this
of the virus has caused demand for consumption of fuel around the world to decline with significance. This factor is putting pressure on the price of crude and finished product to drop significantly
. The Bangchak refinery’s average production rate declined 5% YoY due to the finished product and reference crude price crack spread significantly adjusting downward from the COVID-19 outbreak that has
. Gross refinery margin was 6.66 USD/BBL (+1.04 USD/BBL YoY, +0.28 USD/BBL QoQ), GRM was higher from the increase in crack spread of most finished oil products, while Dated Brent and Dubai crude spread (DTD
: Operating GRM lowered THB 578 million, compared to Q3/ 2019, mainly from most finished product price and crude oil price crack spread adjusting downward from the slowing of the Global economy and the trade
affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and
finished product during the TAM, resulting in the better gross refinery margin in this quarter. For BCP Trading Pte. Ltd., revenue rose from the higher oil products trading transaction volume. Marketing
purpose of carrying on the business as manufacturer and supplier of various finished and semi-finished automotive stamping components in Indonesia. The New Company further received the acknowledgment dated
intensified competition, and the refinery’s TAM which resulted in the lower volume of finished oil produced. On the other hand, retail market which is the company’s main distribution channel recorded sales
: Resolution of the Board of Directors' Meeting No. 12/2561 Adjustment of the Exercise Ratio by adjusting Number of ORI-W1 and approval of the asset acquisition transaction of the company and subsidiary