high, resulting to the soften Crude Palm Oil (CPO) and Crude Palm Kernel Oil (CPKO) price than that of 3Q2017. Under these circumstances, the government has maintained B7 mandate in this quarter. Besides
domestic and international market, consequence to drastically lower crude palm oil (CPO) and crude palm kernel oil (CPKO) prices than that of 1Q2018. Under these circumstances, the government has maintained
quarter as well as a softer demand for biodiesel blending due to the impact from the coronavirus (COVID-19) . Thanks to the government policy to absorb crude palm oil surplus, the government delegated the
palm oil and crude palm kernel oil (CPKO) comparing with previous year. Under these circumstances, the Thai government has maintained biodiesel mandate at B7 for whole year. In addition, the government
government has maintained the biodiesel mandated at B7. Also, the government has promoted B20 and B10 as fuel options by subsidizing B20 and B10 to be lower than B7 at 5 Baht/litre and 1 Baht/litre
than that of 2Q2017. Under these circumstances, the government has maintained B7 mandate in this quarter, comparing to the mandate of B5 and pushed to B7 on May 8th, 2017. For Natural Fatty Alcohols (FA
Crude Palm Kernel Oil(CPKO) prices than that of 1Q2017. Under these circumstances, the government has maintained B7 mandate in this quarter, comparing to the mandate of B5 back in 1Q2017. For Natural
Ministry has introduced B10 biodiesel as the mandatory diesel in Thailand, replacing B7 biodiesel at the beginning of 2020. Furthermore, the Government has been subsidizing B10 and B20 retail prices, making
specification complies with the government standard. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 3 Operating Performance Exhibit 1: Consolidated Company’s Performance
palm oil was surged to 500,000 tons in 3Q2019, resulting in an average of crude palm oil (CPO) and crude palm kernel oil (CPKO) prices decreased from FY2018. Even though, the government has agreed to set