KRUNGSRI ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 05/02/2007 - 27/02/2007

from late 2018; particularly, the Gasoline-Dubai crack spread (UNL/DB), Jet (Kerosene)-Dubai crack spread (IK/DB), and the Gasoil-Dubai crack spread (GO/DB), causing the refinery business’s market gross

Company had total 26 Codeshare partners due to the announcement to terminate Codeshare agreement with Jet Airways from 30 June, 2019 onwards. Since Jet Airways was suspended IATA Clearing House (ICH

June 2017, supporting market demands.  Jet (Kerosene)/Dubai crack spread (IK/DB) in Q2/2017 was on average 10.78 USD/BBL, decreased 0.38 USD/BBL when compared to Q2/2016, resulted from the pressure of

China. Gasoline-Dubai crack spread (UNL95/DB), Jet (Kerosene)-Dubai crack spread (IK/DB), and Gasoline-Dubai crack spread (GO/DB) were especially affected. This turn of events have led the refinery

refineries that received new rounds of finished product export quota at the beginning of the year, and a refinery recommencing operation after a fire incident that occurred during the middle of Q3/2017.  Jet

. However, Indonesia’ s rise in imports of Mogas during July and August helped supported the market.  Jet (Kerosene) / Dubai crack spread crack spread in Q3/2018 averaged at 14.48 $/BBL which increased by

pandemic, leaving demand for finished product, especially Jet fuel decline significantly. Thus leaving Light crude, which provided high yield of Jet fuel and Diesel fuel was left in a state of oversupply

estimated that the quantity sold by the marketing business in this year would decline by 20 to 25 percent, especially, the sales of Diesel products and Jet fuel. The company has put measures in place to

.  Jet (Kerosene) / Dubai crack spread (IK/DB) in 2018 averaged at 15.38 $/BBL, an increase of 3.25 $/BBL compared to 2017’s average. A result of pressure from increase in demand for air travel. However