. Chatchaya Tritrakulchai has established Paragon Agritech Co., Ltd., located in Trang province, in 2013 to operate crude palm oil trading type B (CPOB) for animal feed mill industry, and then expand to start
Crude Oil from other country and also support stability of the power business of Thailand. The Company contemplates to expand its business to cover crude palm oil (CPOA) trading business for biodiesel and
buses and other public transportations, by extending price subsidies on B20 to be cheaper than B7 at 5 Baht/litre by State Oil Fund from the end of February 2019 to the end of May 2019 and accelerating to
the guaranteed price of palm fresh fruit brunch at 4 Baht/ kg. and encouraged biodiesel B10 and B20 consumption as fuel options throughout the year by using the State Oil Fund to subsidize the price of
in public buses, and fleet trucks by price subsidies on B20 to be lower than B7 by 3 Baht/liter through State Oil Fund, more encouraging public to use B20 by increasing price subsidies on B20 from 3
Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 2Q/2019, overall palm oil production and crude palm oil (CPO) inventory have remained high
market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a
affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and
affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround
39.00 million Baht or 1,270%. Although the Company will continue to manage controlling of inventories turnover to be less than 45 days. The Crude Palm Oil (“CPO”) price was fluctuated in the 1st quarter