million for 2018. In 2018, the Company had prevented conflicts of interest by purchasing crude palm oil (CPOA) from related persons or juristic persons. The buying price is not higher than 30-days
construction due to payable from construction of Methyl Ester Plant 2 offering higher account payable, attributed from purchasing of crude palm oil to reserve raw materials for Methyl Ester Plant 2 production
. (BCPT) recorded higher gross profit than in Q2/2018, the company had expanded its transaction volume and new trade partners. During this quarter, BCPT transacted the purchasing and selling of crude oil
| 2 Executive Summary In 2019, overall palm oil production and crude palm oil ( CPO) inventory remained high in both domestic and international market, although the inventory plunged to a minimum record
| 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
to an inventory gain of THB 856 million. However, there was a loss from crude and product oil price hedging contract at THB 75 million. Furthermore, the refinery planned to manage the stocks of
Rule”). Currently, the Company focus on the business expansion of the crude palm oil (CPOA) trading business for biodiesel as there is a high potential growth and will partially conducting a trading CPOA
policies to be used as a guideline to cope with the volatility of crude palm oil prices by focusing on the importance of purchasing and managing raw materials turnover at 30-45 days, sufficient for
their allies unable to come to terms on oil production cuts. This further exemplified pressure on the price of crude in the global market to make a severe reduction late in the quarter. Average price of
Crude Palm Oil Trading Business Group 1. Revenue from sales and services - CPOA CPOA business of the Company in the amount of 303.33 million baht due to the capital increase as working capital in CPOA