) 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
Discussion and Analysis | 2 Executive Summary In quarter 3/2017, palm oil production both in Thailand and International Market continuously remained high after the impact from El Nino has ended. Thailand crude
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
(CPKO) (3) 639 554 15% 800 -20% 720 615 17% Market P2F of Fatty Alcohols 353 599 -41% 329 7% 341 586 -42% Note : (1) Reference Price of ICIS (2) Average price of fatty alcohols with production proportion
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
their allies unable to come to terms on oil production cuts. This further exemplified pressure on the price of crude in the global market to make a severe reduction late in the quarter. Average price of
remaining strong. Rotterdam PTA expansion required a tie-in shutdown lowering PTA production by 45KT. European market is displaying strength which continues in 3Q17 therefore the doubling of PTA output to
production rate, its average crude run was at 112.67 thousand barrels per day. Furthermore, from the tumultuous disposition of crude oil price in the global market during the quarter, Dubai crude oil price
domestically and in the region. Initially, the company will produce batteries for customers in the PTT group and will be ready to expand the production capacity according to market demand, up to the level of