drastically decreased from the same period of the previous year following the dip in Crude Palm Oil price, a result of the high Crude Palm Oil stock and rigid exportation of the product; due to Malaysia’s tax
Analysis | 2 Executive Summary In 3Q2018, domestic palm oil production has increased as in other countries, in addition, stock of Crude Palm Oil (CPO) both in Thailand and International market has remained
down by 0.2% to 3.5%. Furthermore, US crude oil stock has been increasing gradually, threatening the price of crude oil after crude production in the US reached their all-time high of 12.1 million
of crude palm oil price had continued from quarter 1/2017 as well as crude oil prices declined, compared to stock Gain of Baht 10 million in quarter 2/2016. Performance Analysis for Methyl Ester
stock to dip below its 5 year average; greatly tightening the oil market. Dubai crude price in Q2/2018 on average increased by 8.11 $/BBL when compared to Q1/2018 is due to OPEC adjusting their production
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
pushing biodiesel B10 to be the mandatory diesel in 2020 that lead to sharply rise in crude palm oil ( CPO) and crude palm kernel oil (CPKO) prices at the end of 2019. Since early 2019, the stock of crude
excess crude palm oil stock domestically. When compared to Q2/2017, the Biodiesel business sales revenue marginally decreased (-1%) mainly due to the average selling price of B100 product which decreased
the COVID-19 crisis. As well as, concerns over a second outbreak, after the number of new infected patients increasing sharply after the easing of lockdowns. Whereas crude oil stock across the globe
stock remaining at an all-time high during latter part of the year, affecting the average selling price of B100 product and the cost of Crude Palm Oil. 4. Average gross margin per unit of B100 product