oil production reduction, which left the global OECD oil stock falling below its 5 year average. Dubai crude price in Q3/2018 on average increased by 2.15 $/BBL when compared to Q2/2018 which was due to

was impacted from increase in methyl ester supply in Thailand which pressured to the profitability of methyl ester, Stock Loss & NRV due to dropped in crude palm oil price, and the declining of

’ measures; the subsidy to crude palm oil and crude palm kernel oil export which led to the domestic crude palm oil stock level of 200,000 tons in 2020, causing the price of crude palm oil to rise, with the

price). Larger sales volume this year was supported from higher biodiesel mandate and from government special request for private sector to stock crude palm oil and biodiesel. Nonetheless, the company’s

2021, together with the government’ measures; the subsidy to crude palm oil and crude palm kernel oil export which led to the domestic crude palm oil stock level of 200,000 tons in 2021, causing the

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