recorded at THB 13,543 million, increased by 14% YoY, mainly attributed to the refinery business. In 2017, Total GRM was 7.23 $/BBL an increase of 0.70 $/BBL when compared to 2016. The refinery business
crude run to a high level, although the Hydrogen Production Unit and Hydrocracking Unit underwent temporarily shut down between May and June. For this quarter, the gross refinery margin was 6.38 USD/BBL
to Inventory Loss and GRM Hedging loss. While Market GRM in Q1/2018 was 6.71 $/BBL, an increase of 1.31 $/BBL due to the Diesel product, which is the refinery’s main product, recorded an increase in
market Management Discussion and Analysis of Business Operation for 2Q/2018 Bangchak Corporation Plc. I 4 which is the main channel. Retail sales market share was at the 2nd rank, and is continuously
shortcomings, led them to be unable to export crude from the nation’s main port. Average Dated Brent and Dubai spread (DTD/DB) in Q1/2019 decreased by 3.13 $/BBL when compared to Q1/2018, pressured from the
. Gross refinery margin was 6.66 USD/BBL (+1.04 USD/BBL YoY, +0.28 USD/BBL QoQ), GRM was higher from the increase in crack spread of most finished oil products, while Dated Brent and Dubai crude spread (DTD
the refinery business which recorded much higher production rate, and benefited from the narrower average DTD/DB spread, resulting in 8. 05 $/BBL of total GRM. Also from the higher average crude oil
intensified competition, and the refinery’s TAM which resulted in the lower volume of finished oil produced. On the other hand, retail market which is the company’s main distribution channel recorded sales
Dubai crude in Q1/2020 was at 50.41 $/BBL, a decline of 11.63 $/BBL, or a decline approaching almost 20% from the previous quarter. Moreover, the COVID-19 outbreak in Thailand caused demand for fuel
) while the total flights decreased by 0.9%(y-o-y) to 74,601 flights. For the first six months of 2019, the growths of aviation fuel services volume and total flights of thus two main airports were 2.4% (y