down by 0.2% to 3.5%. Furthermore, US crude oil stock has been increasing gradually, threatening the price of crude oil after crude production in the US reached their all-time high of 12.1 million
the COVID-19 crisis. As well as, concerns over a second outbreak, after the number of new infected patients increasing sharply after the easing of lockdowns. Whereas crude oil stock across the globe
pushing biodiesel B10 to be the mandatory diesel in 2020 that lead to sharply rise in crude palm oil ( CPO) and crude palm kernel oil (CPKO) prices at the end of 2019. Since early 2019, the stock of crude
demand. As a result of crude palm oil price drop, the company realized Stock Loss & NRV of THB 56 million, a decrease of 74%. However, the company has been improving the inventory management to be more
/ton, dramatically dropped by 414 USD/ton or 40% mainly from international high stock level of palm oil. With downward trend in crude palm kernel oil price has made the average of natural fatty alcohols
was impacted from increase in methyl ester supply in Thailand which pressured to the profitability of methyl ester, Stock Loss & NRV due to dropped in crude palm oil price, and the declining of
and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude
stock to dip below its 5 year average; greatly tightening the oil market. Dubai crude price in Q2/2018 on average increased by 8.11 $/BBL when compared to Q1/2018 is due to OPEC adjusting their production
oil production reduction, which left the global OECD oil stock falling below its 5 year average. Dubai crude price in Q3/2018 on average increased by 2.15 $/BBL when compared to Q2/2018 which was due to
of crude palm oil price had continued from quarter 1/2017 as well as crude oil prices declined, compared to stock Gain of Baht 10 million in quarter 2/2016. Performance Analysis for Methyl Ester