-Translation- No. ECF2 024/2018 May 14, 2018 Subject: Management Discussion and Analysis of the year ended March 31, 2018 To President The Stock Exchange of Thailand East Coast Furnitech Public
-Translation- No. ECF2 041/2561 12 November 2018 Subject: Management Discussion and Analysis of the 3rd quarter ended September 30, 2018 To President The Stock Exchange of Thailand East Coast
to February 2019. For fatty alcohols market, natural fatty alcohols was being more competitive to synthetic fatty alcohols due to its price attractive as CPKO price which is the feedstocks to produce
บการซือ้คอลออปชั่นหรือพุทออปชั่นได้เนื่องจาก พอร์ตโฟลิโอจะให้มูลค่าเท่ากบัมลูค่าคอลออปชัน่และมลูค่าพทุออปชัน่ (Synthetic Call Option/Put Option)ภายใต้ข้อ สมมตุิฐานตลาดที่ปราศจากการเก็งก าไรแบบไร้ความเสีย่งด
จำกรำคำทีป่รับตัวลงมำต ่ำกวำ่ผลติภณัฑท์ดแทนอยำ่งแฟตตีแ้อล กอฮอลสส์ังเครำะห ์(Synthetic Fatty Alcohols) ประกอบกับอุปทำนทีค่่อนขำ้งตงึตัวโดยเฉพำะใน ประเทศจีนและอนิเดยีทีล่ดก ำลังกำรผลติลงเนื่องจำกควำม
price of feedstock decrease, mainly attributable to demand for Natural Fatty Alcohol increased from soft selling prices and having competitive price over Synthetic Fatty Alcohol price levels. Moreover
) market, in 2Q2018, Natural FA price was being more competitive to Synthetic FA price and supply of Natural FA was a bit dwindled due to few producers in China cut their production. From above reasons, GGC
synthetic fatty alcohols price and also supply of natural fatty alcohols has slightly dwindled due to maintenance shutdown of some producers, hence demand for natural fatty alcohols was still in good
alcohols in 1Q2020 was at 329 USD/ ton, a decrease of 43% from 573 USD/ ton in 1Q2019 because Fatty alcohols supply in 1Q2019 was tight caused by the announcement of permanent shutdown of some synthetic
East Coast Furnitech Public Company Limited (“the Company”) would like to report on Management Discussion and Analysis from the Separate and Consolidated Financial Statements of the 3rd Quarter ended