% Total Sales Volume 1,864 2,009 1,904 2% -5% Note: Sales volume does not include oil swaps among major oil companies M.7 and sales of crude oil products Performance comparison between Q1/2019 and Q1/2018
gradual increment of rig counts being used in the US; leading to concerns that supply reduction measures that producers have elected to follow, will not be able to curb market excess supply. On the other
the Electricity Generating Authority of Thailand (EGAT) to purchase crude palm oil continuously in the amount of 360,000 tons to be used as electricity which currently EGAT has bought 220,000 tons. The
slightly, its mixture in Diesel fuel remains at 7% the entire quarter, Gross profit improved from the cost of crude palm oil that was used in manufacturing lowered at a faster pace than the price of B100
previous year; B100 product sales volume rose, as the mandated mixture of B100 product in Diesel fuel was at 7% throughout the quarter, as well as gross profit was better as the crude palm oil cost used in
resolution previously approved on May 7, 2019, EGAT was assigned to purchase additional 200,000 tons of crude palm oil, which total 66,250 tons was purchased and used in power generation. In addition, in
effect of the widened Crude premium over Dubai, as well as the lowered oil product spread over crude oil price. There was an Inventory Loss of THB 70 million, and GRM hedging loss. Marketing Business Group
not exceeding 0.5% would be enacted. Refinery and Trading Business Group Performance Refinery Business Performance Q4/2019 Q3/2019 QoQ Q4/2018 YoY 2562 2561 YoY Average Crude Run (KBD) 116.9 110.8 6
further clamped down from Saudi Arabia lowering their crude export in the quarter due to increasing demand in the nation during the summer. As well as, Libya and Nigeria, both members of OPEC which did not
(EGAT) to purchase the rest of 130,000 tons of crude palm oil to be used as electricity. For natural fatty alcohols market in 3Q/2019, the demand was slow down which was affected from US China trade war