). 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
of finished product and reference crude oil for every product declining. This is due to the market being in a state of excess supplies and market demand declining from the slowdown of the global
. These matters are being taken up by the Steel Associations and with the Government at various levels and the Government are taking steps to address the issues. Significant steps are – • The announcement
production for June 2019 was 2.8 million tons, down by 3.1% on June 2018. Turkey’s crude steel production for June 2019 was 2.7 million tons, a decrease of 11.0% compared to June 2018. The main raw materials
will help to reduce the purchase of Crude Oil from other country and also support stability of the power business of Thailand which the crude palm oil (CPOA) is the major raw material for biodiesel
1,386 million, or earning per shares of THB 1.01. The company and its subsidiaries performance improved, especially the Refinery Business Group which still maintains its average crude run at a high level
fuel oil as more LNG being used for generating electricity. Refinery and Trading Business Group Performance Refinery Business Performance Q2/2018 Q1/2019 Q2/2019 YoY QoQ 6M2018 6M2019 YoY Average Crude
price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and
pricing which impacted the EBITDA adversely. These matters are being taken up by all the Steel Associations with the Government at various levels and the Government is taking steps to address the issues
quarter, while crude palm oil raw material cost adjusted downward, combined with the global Glycerin price that improved. Performance comparison between Q3/2019 and Q3/2018: 1. B100 product production