compared to the same period of last year, due to the epidemic of the COVID-19 around the world, there is a shortage of refined glycerine in the market, resulting in a significant reduction in production. In

profit and remuneration using business coordination with both management team, including expand market channel, improve production line and cost control to increase gross profit margin and long-term

consumers-oriented goodwill. (3) Increase profit and remuneration using business coordination with both management team, including expand market channel, improve production line and cost control to increase

expansion with consumers-oriented goodwill. (3) Increase profit and remuneration using business coordination with both management team, including expand market channel, improve production line and cost

Analysis | 2 Executive Summary In 2018, palm oil production and crude palm oil (CPO) inventory have remained high in both domestic and international market, which resulted in the decreasing price of crude

Q4’19. The new production facility in Myanmar will start production in Q1’20, providing additional flexibility to respond to market demand and allowing OSP to fully capture manufacturing margins. Osotspa

CPKO price was at 1,138 USD/ton, decreased by 378 USD/ton or 25% yoy and decreased by 166 USD/ton or 13% qoq . This was due to the fact that palm oil production was flooded into market after El nino

expected to be sold on the date of production. But when the market price decreases on the trading date, resulting in higher cost of sales than selling price. 2. Cost of Refining Service The Company had no

price. The company terminated the Tolling Contract in January due to unfavorable market sentiment. From February onwards, the Company has to increase their production volume within their capacity of the

increased in HRC market price. The company terminated the Tolling Contract in January due to unfavorable market sentiment. From February onwards, the Company has to increase their production volume within