Ratios 19 P a g e | 3 - Management Discussion and Analysis 2Q2020 - Executive Summary In 2Q2020, crude palm oil (CPO) price was higher than 2Q2019 caused by the implementation of biodiesel B10 as the
of derivatives broker; “derivatives contract” means a derivatives contract under Section 3 of the Derivatives Act B.E. 2546 (2003) having securities, gold, crude oil, currencies, exchange rate
of derivatives broker; “derivatives contract” means a derivatives contract under Section 3 of the Derivatives Act B.E. 2546 (2003) having securities, gold, crude oil, currencies, exchange rate
undertake derivatives business in the category of derivatives broker; “derivatives contract” means a derivatives contract under Section 3 of the Derivatives Act B.E. 2546 (2003) having securities, gold, crude
country’s total biodiesel production capacity, consequently, there was price competition of B100; together with glycerin price in global market decreased and crude palm oil price remained low. 4. Finance Cost
global market decreased and crude palm oil price remained low. 4. Finance Cost decreased Baht 5.16 million or 24.54% from the corresponding period of the previous year due to a decrease in liabilities. 5
purchase orders and postponing investment plans for additional capacity in the country temporarily. However, it is expected that the industry will recover in the second half of this year, so the Company
revenues from sales during such period to drop drastically, and after the ease of such measures, sales from June onwards evidently started to recover. International sales: Revenue from sales of the second
and continued to grow from the dairy export market. In China, the first quarter, was hit by the COVID-19 situation but began to recover from the beginning of the second quarter. In addition, the company
Analysis | 2 Executive Summary In 1Q2018, Domestic palm oil production has increased as well as in other countries after the drought occurred in FY2016, consequence to lower Crude Palm Oil(CPO) prices and