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
was declined to 25. 85 Baht/ kg. , a decrease of 2.06 Baht/kg. or 7% from FY2018, corresponding to crude palm oil price downward. The average EPPO P2F in 4Q2019 ( the difference between ME EPPO price
, resulting from the pressure of excess supply of Light Sweet crude in the market; after production of US Shale oil increased. Compared to the previous quarter, the difference between average Dated Brent and
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
to an inventory gain of THB 856 million. However, there was a loss from crude and product oil price hedging contract at THB 75 million. Furthermore, the refinery planned to manage the stocks of
| 2 Executive Summary In 3Q/2019, overall palm oil production and crude palm oil (CPO) inventory remained high in both domestic and international market, thus crude palm oil (CPO) and crude palm kernel
from narrower DTD/DB spread. Within this quarter there was an inventory gain of THB 241 million from the increase in crude price, but there was a loss from the crude and product oil price hedging
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
. The price of crude palm oil in between the 2nd quarter and the 3rd quarter of 2018 were continuously decreased in the range of THB 23.00 – THB 19.00 difference THB 4.00 /KG which is larger in variance
- September 2020, the crude palm oil price was fluctuated between 20.00 - 25.00 Baht / Kilogram (the difference of +/-5.00 Baht / Kilogram). The Company also has considered the reversing of the allowance for