crude palm kernel oil price falling. On the other hand, fatty alcohols supply was much tight because of the announcement of permanent shutdown of a synthetic fatty alcohols plant in Europe and temporary
revenue of fatty alcohol business increased by 9% from 3Q2019, mostly due to significantly rising of sales volume of fatty alcohols by 5%. On the other hand, crude palm kernel oil price considerably
by 9% from 3Q/2018. On the other hand, it decreased from 2Q/2019 by 16% because the market had concerned on global economy uncertainty. In summary, market for 9M/2019 versus 9M/2018, crude palm kernel
. The Company’s net loss has increased by 94.32 million Baht or 172.94%. Increased loss is the result of adjusting up-down price of crude palm oil during 2019, the Crude Palm Oil (“CPO”) price was
biodiesel blends in diesel mandate from B7 to B10 as standard diesel and be formally enforced nationwide from January 1st, 2020 onwards. On the other hand, the Company has recorded the allowance for
Analysis | 2 Executive Summary In 2018, palm oil production and crude palm oil (CPO) inventory have remained high in both domestic and international market, which resulted in the decreasing price of crude
1Q2020, overall palm oil production in both domestic and international market declined due to the significant impact of drought on agriculture. According to Department of Internal Trade, local crude palm
the palm plantation farmers. The Company retained its market share in terms of retail sales volume at the second place. The cumulative market share between January – March 2019 was at 15.6%. There was
, compared with the same period of 2018, with a net loss of 30.84 million baht, representing an increase of 52.76 million baht or 171.08 percent, consisting of net profit of palm oil trading business 20.43
for Biofuel Business, performance declined from crude palm oil price drop which led to inventory loss. In the quarter, the company and its subsidiaries realized inventory loss of THB 1,096 million, and