ESSAY 2: AN EXAMINATION INTO BUY-SELL ASYMMETRY OF PRICE BEHAVIOR AROUND TRADES AND TRADING COSTS OF TRADES: EVIDENCES FROM TH 1 THE ASYMMETRY OF PRICE BEHAVIOR AROUND BUY AND SELL TRADES: NEW
sell by-products that excess the need of its biodiesel and refined glycerine productions. 1.2 Sea Freight Service The Company’s subsidiary (“AIL”) has ceased its operation and in the process of
produce biodiesel to the customers in the same industry. However, the Company will only sell by-products that excess the need of its biodiesel and refined glycerine productions. ทีตงั 55/2 หมู ่8 ถ
sales volumes were increased in relation to increase in Biodiesel’s sold. However, the Company will only sell by-products that excess the need in Biodiesel’s and Refined Glycerine’s productions. 1.2
was decreased by 38.56% and quantity sold was decreased by 91.80% compared to the 2ndquarter of 2020. The Company will only sell by-products that excess the need of its biodiesel and refined glycerine
of 2021 (Unit: Million Baht) Biodiesel /Edible oil Refined glycerine /Raw material & Byproduct Other income Total revenues Revenues from sales and services 1,514.32 1.40 1,515.72 Cost of sales and
1st quarter of 2020, the Company had the ratio of cost of sales to revenue from Refined Glycerine for 154.86 % since the Company did not sell crude glycerine since the 4th quarter of 2018 in order to
sell by-products that excess the need of its biodiesel and refined glycerine productions. The revenue from raw material and By-product decreased by Baht 180.77 million or 19.33% as compared to the 1st
, there was no sales of by-products. The Company shall only sell by-products that excess the need of its biodiesel and refined glycerine productions. In 1st quarter of 2020, the by-products were sold at the