with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of Malaysian Palm Oil Board (MPOB) Average crude palm kernel oil price (MPOB) in 2Q/2019 was at 554 USD/ton
and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude
still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline
as the crude oil price and oil product price was higher. Other long term investment decreased by THB 1,917 million, primarily from the change in net fair value changes in available- for- sale
). Total Gross Refinery Margin (Total GRM) rose 67% YoY and 26% QoQ, while Market GRM lowered from the decreasing production volume. Moreover, the average crude price adjusted upward in the quarter, leading
1,516 -26% - Long Chain 1,030 1,259 -18% 1,108 -7% 1,107 1,280 -14% Average Fatty Alcohols (2) 1,178 1,521 -23% 1,263 -7% 1,275 1,625 -22% Crude Palm Kernel Oil (CPKO) (3) 561 882 -36% 554 1% 597 980 -39
of 0.96 THB. The company and its subsidiaries recorded total EBITDA of THB 3,580 million (+28% YoY, +42% QoQ), performance improved, especially for the Refinery Business, of which average crude run
market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a
effect of the widened Crude premium over Dubai, as well as the lowered oil product spread over crude oil price. There was an Inventory Loss of THB 70 million, and GRM hedging loss. Marketing Business Group
https://www.sec.or.th/TH/Documents/ActandRoyalEnactment/Act/translate-trustact.doc DRAFT , crude oil, or any other property as specified in the notification of the SEC with the approval of the Cabinet