million for 2018. In 2018, the Company had prevented conflicts of interest by purchasing crude palm oil (CPOA) from related persons or juristic persons. The buying price is not higher than 30-days
buying VAT amount was higher than selling VAT amount by THB 378 million. Inventory increased by THB 5,937 million, mainly from the higher crude oil and oil product reserves volume, as well as their
by Trust receipts facility from purchasing raw material. Secondly is the increase in Account Payable due to an increase in purchasing raw material. 2. Non-current Liabilities As of the year end 2016
contract was THB 95 million, due to the fluctuation of global crude oil price during the quarter. 6. Loss from foreign currency forward contracts was THB 28 million, resulted from the foreign exchange buying
effect of the widened Crude premium over Dubai, as well as the lowered oil product spread over crude oil price. There was an Inventory Loss of THB 70 million, and GRM hedging loss. Marketing Business Group
supplies, and buying and selling of crude oil and finished products for Banchak refinery business group in the future. Q4/2017 when compared to Q3/2017 the Refinery Business Group recorded EBITDA of THB
respectively. Current Liabilities as of Q3/2017 increase by Trust receipts facility. Secondly is the increase in Account Payable due to an increase in purchasing raw material. 2. Non-current Liabilities As of
Gas Compressor in Hydrocracking Unit. Within this quarter, refinery business recorded gains from crude and product oil price hedging contracts in the amount of THB 29 million, in contrast with Q1/2018
Limited Global Green Chemicals Public Company Limited Management Discussion and Analysis | 2 Executive Summary In 1Q2019, palm oil production and crude palm oil (CPO) inventory have remained high in both
well as supply tightness due to the Polar Vortex. Additionally, the rise in crude oil price brought back IVL’s shale gas advantage in North America, improving spreads further across our IOD portfolio