driven by tight supply. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 9 Operating Performance by Business Unit Methyl Ester (ME) Business Unit Operating Performance
our key products and strong margins, even carrying forward into the second quarter, driven at first by recovery in China. Global inventory levels are tight and combined with supply chain shocks are
pandemic. This led to various refineries cutting down on production to compensate for the dwindling demand, while the same quarter of the previous year, supplies were in a tight state. 10 Management
marketing margin. When compared QoQ total marketing margin decreased 1%, from industrial marketing margin, as in Q1/2017 marketing margin temporarily soared due to tight supply in the market. With the
several turnaround annual maintenance of some domestic refinery, leading to supply tight situation and thus higher sales volume from the company in the period. Retail sales volume (service station
pressures from light crude supplies that has reverted to its excess position in the market compared to the previous year where supplies were tight. As such, crude production from the US which is the light
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