881 Website: www.aapico.com Management Discussion and Analysis for the 2nd quarter of year 2017 3 Malaysia (AQI), interest income of Baht 22 million from a synthetic convertible loan to Sakthi Global

paid-up shares of SGAH at the total value of USD 50.00 million or equivalent to approximately Baht 1,761.00 million and (2) grant of a synthetic convertible loan by the Company to SGAH at the amount of

USD 50.00 million or equivalent to approximately Baht 1,761.00 million and (2) grant of a synthetic convertible loan by the Company to SGAH at the amount of USD 50.00 million or equivalent to

costs. In the first half of the year 2017, natural rubber and synthetic rubber prices are higher than the year 2016. Although in the 4th quarter, natural rubber and synthetic rubber prices have fallen to

costs. In the first half of the year 2017, natural rubber and synthetic rubber prices are higher than the year 2016. Although in the 4 th quarter, natural rubber and synthetic rubber prices have fallen to

supply. Consequently, this resulted in much healthier demand for Natural Fatty Alcohols than quarter 3/2016 as its price decreased to a lower level than that of Synthetic Fatty Alcohols as well as the

natural rubber, synthetic rubber, carbon black and energy price which increased are directly affected to the production cost. Therefore, please kindly be informed and disseminated the information to all

sold has been increased compared with 2016 due to the major of raw material such as natural rubber, synthetic rubber, carbon black and energy price which increased are directly affected to the production

(difference between Methyl Ester selling price and feed cost) increased to 4.95 Baht/kg from 4.29 Baht/kg from quarter 2/2016, increased by 0.66 Baht/kg YoY, as a result of higher Methanol price (which is one

though, sales volume and sale revenue of fatty alcohols business closed to last year. Although the average price in 2Q2020 was higher than one in 2Q2019, CPO price and CPKO price in 2Q2020 drastically