regulatory concern, both global & national level Responding to climate change focus Growing institutional and retail investors interest Shifting consumer preferences and embedding in business increasing global
a lower competitive level than quarter 3/2016, resulting to a lower profit margin of Methyl Ester Business Unit. As a result of factor mentioned earlier, in quarter 3/2017, the company’s Adjusted
oil inventory remained high, crude palm oil (CPO) price continuously declined, as well as Crude Palm Kernel Oil (CPKO) price decreased. This year, the Thai government biodiesel mandate was set to B5 and
high volume of Palm oil in the market. However, the company remained Adjusted EBITDA of Baht 660 million in quarter 1/2016, increased from quarter 2/2016 Adjusted EBITDA of Baht 323 million and increased
, crude palm oil price was at 16.89 Baht/ kg, downed by 0.32 Baht/ kg or 2% because the domestic inventory was still at high level, although the government has attempted to stimulate crude palm oil demand
was at 20.24 THB/kg, being lower than 3Q2017 CPO price by 2.19 THB/kg or 10% due to the fact that the domestic palm oil inventory remains at high level 400,000 tons in 3Q2018, while in the past
returns by taking on more market risk deliver less risk- adjusted returns on average. This result echoes the stock-level finding by Saengchote (2017) that Thai stocks with high betas tend to have low alphas
/kg, decreasing by 3.93 Baht/kg or 19% due to high level of crude palm oil inventory and rising of crude palm oil output continuously. Consequently, methyl ester price in Global Green Chemicals Public
palm oil production flooded into market which led to high level of global palm oil inventory, especially in Malaysia who have CPO inventory of 3.2 million tons at the end of FY2018 which was the all-time
oil (CPO) inventory plunged to the level of 170,000 tons compared to the level of 400,000 tons at the same period of previous year, resulted in a surge in crude palm oil price. In addition, the Energy