400,000 tons. In the meantime, the measurements to stimulate domestic consumption of palm oil were rarely impact; for example, cooperating with EGAT to purchase crude palm oil as fuel for power generation
to high levels of B100 product stock continuing from the previous quarter, after the government asked for cooperation from oil fuel producers to increase crude palm oil purchase to aid farmers, which
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
/ litre respectively from October 2019 onwards. In addition, the Electricity Generating Authority of Thailand ( EGAT) has been assigned to purchase crude palm oil to produce electricity continuously
purchase volume of Crude Palm Oil in order to help alleviate farmers encountering the low Crude Palm Oil crisis. Together with Trade Account Payable of Nido Petroleum Limited increased by THB 222 million
(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
will help to reduce the purchase of Crude Oil from other country and also support stability of the power business of Thailand which the crude palm oil (CPOA) is the major raw material for biodiesel
. The Company’s net loss has increased by 94.32 million Baht or 172.94%. Increased loss is the result of adjusting up-down price of crude palm oil during 2019, the Crude Palm Oil (“CPO”) price was
. Also, the Company foresee the growth of Biodiesel industry as the government support this kind of business as it is a clean renewable energy compare to diesel. This will help to reduce the purchase of
, compared with the same period of 2018, with a net loss of 30.84 million baht, representing an increase of 52.76 million baht or 171.08 percent, consisting of net profit of palm oil trading business 20.43