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
period of high crude palm oil price. Therefore, the Company has realized higher profit margin when the price of crude palm oil has a lower market price on the day of manufacture and delivery. The Company
% or decreased by 22.96%. Because the Company participated in a pre-bid competition during the period of high crude palm oil price. Therefore, the Company has realized higher profit margin when the price
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
OPEC members to lower the production quantity of crude oil, as to stabilize crude oil price. As well as Saudi Arabia’ s desiring to keep oil price at high levels, the rise in oil price levels is
drastically decreased from the same period of the previous year following the dip in Crude Palm Oil price, a result of the high Crude Palm Oil stock and rigid exportation of the product; due to Malaysia’s tax
| 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
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
speculate that this new round of sanctions will reduce crude oil volume by 600,000 – 1,500,000 barrels per day; from the record high figures of crude oil exported by Iran in April 2018 at 3. 09 million
. In 2019, we expect raw material supply and price to normalize from the existing high levels due to weaker crude oil environment and ample paraxylene and MEG supply additions. IVL is well positioned