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

) according to HRC market price worldwide trend. - HRC cash margin (excluding depreciation) in 3rd Quarter of 2018 was achieved at THB 482/ton, lower by 66% from last year due to the increase in the cash

price of HRC in year 2017 was THB 18,690/ton, increased by 15.6% as compared with last year (THB 16,163/ton) according to HRC market price worldwide trend. - HRC cash margin (excluding depreciation) in

price: the average selling price of HRC in year 2017 was THB 18,690/ton, increased by 15.6% as compared with last year (THB 16,163/ton) according to HRC market price worldwide trend. - HRC cash margin

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

that the trend hot rolled steel import decreased and to have confidence in domestic market which will have a direction to improve in the future. In addition, the government stimulus measures may affect

holding, buying and selling over time Buy and sell following the moving average trend following. 3. To test the level of return and risk according to the Mean-Variance model. 9 Related Literature 1. Naïve

price worldwide trend. - HRC cash margin (excluding depreciation) in Q3-2017 was achieved at THB 1,423/ton, higher by 21% from last year quarter. - Sale volumes (Coil tons) and production volumes in Q3

’ prices In 2017, domestic crude palm oil prices (CPO-DIT) had been on a downward trend. FY17 CPO- DIT price was at 24.88 THB/kg, declined by 7.07 THB/kg (down 22%yoy) from previous year, mainly due to

of HRC price: the average selling price of HRC in year 2018 was THB 20,663/ton, increased by 11% as compared with last year (THB 18,690/ton) according to HRC market price worldwide trend. - HRC cash