price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and
-21% - Long Chain 1,106 1,164 -5% 1,030 7% 1,107 1,251 -12% Average Fatty Alcohols (2) 1,244 1,395 -11% 1,178 6% 1,267 1,568 -19% Crude Palm Kernel Oil (CPKO) (3) 742 717 3% 561 32% 633 914 -31% Market
adversely impacted in 1Q19, but are showing improvement in 2Q19 due to: - High PX prices despite volatility in crude oil prices. This has since changed substantially as new PX capacities comes on stream and
adversely impacted in 1Q19, but are showing improvement in 2Q19 due to: - High PX prices despite volatility in crude oil prices. This has since changed substantially as new PX capacities comes on stream and
of ICIS (2) Average price of fatty alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of Malaysian Palm Oil Board (MPOB) Crude palm kernel oil price
with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of Malaysian Palm Oil Board (MPOB) Average crude palm kernel oil price (MPOB) in 2Q/2019 was at 554 USD/ton
and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude
still affected by the oil price volatility in the global market. Despite the crude oil price recovery, the average crack spread between finished product and referenced crude oil price continues to decline
as the crude oil price and oil product price was higher. Other long term investment decreased by THB 1,917 million, primarily from the change in net fair value changes in available- for- sale
). Total Gross Refinery Margin (Total GRM) rose 67% YoY and 26% QoQ, while Market GRM lowered from the decreasing production volume. Moreover, the average crude price adjusted upward in the quarter, leading