contract in the amount of THB 78 million. As for BCP Trading Pte. Ltd. , the company recorded more revenue from the amount of trade transaction and the significant increase in oil price. Management

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

from the previous quarter. However, with domestic demand for oil consumption lowering, the refinery had to adjust its production down to optimal level, average production rate was 89.3 KBD or 74

production rate was 104.3 KBD or 87% utilization rate of the total refinery production capacity. Also, due to significant declines in crude oil price during this quarter, the refinery business was led to

affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and

finished oil product orders decreased, combined with unit price also revising downward. Aside from this, Trade Accounts Payable of Bangchak Biofuel Co., Ltd. increased by THB 139 million, due to the higher

market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a

affect the volume of trade and global economic expansion. When compared to Q1/2017, The average spread between the Dated Brent and Dubai price in Q1/2018 increased by 2.20 $/BBL, a result of the oil market

oil in price throughout the quarter, especially the Dubai crude oil price which dropped during early August to September from concerns over the trade war between the US and China, combined with the Thai

The Derivatives Act The Derivatives Act B.E. 2546 SECTION 3. In this Act: “goods” means securities, gold, crude oil, or any other property as specified in the notification of the SEC with the