marketing margin declined from the rise in crude oil price in Q1/2019, which caused the finished oil products cost to increase, while the retail price was slower to adjust. Moreover, with the price fix for
sharp rise in crude oil prices. The segment achieved Reported EBITDA of US$379M largely due to positive impact from adjustments in contracts and inventory. Global demand for PET has risen significantly
reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude
’ measures; the subsidy to crude palm oil and crude palm kernel oil export which led to the domestic crude palm oil stock level of 200,000 tons in 2020, causing the price of crude palm oil to rise, with the
price of crude palm oil to rise, with the average price of 38,000 Baht/ton in 2021, higher than that of the average price of 28,000 Baht/ton in 2020. (Source: DIT). ▪ Edible Oil’s Quantity sold in 2021
million, resulting from the sharp rise in average crude oil price during the quarter, while in Q2/2017 recorded an inventory loss in the amount of THB 1,010 million (included LCM of THB 7 million). Average
/DB) was as well widened, affecting crude cost to adjust upwards. From the rise in average crude oil price during this quarter there was an inventory gain of THB 450 million, and a gain from oil hedging
private sector contribute a high demand of skilled workers and lead to an increase in household income and consumer purchasing power (Source: Bank of Thailand). Meanwhile, a rise in average oil price in the
pushing biodiesel B10 to be the mandatory diesel in 2020 that lead to sharply rise in crude palm oil ( CPO) and crude palm kernel oil (CPKO) prices at the end of 2019. Since early 2019, the stock of crude
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