started producing more gasoline products. When compared to Q1/2017, Mogas/Dubai crack spread (UNL95/DB) decreased by 0.53 USD/BBL. In Q2/2017 the crack spread faced pressure from excess supply; especially
503 552 483 -4% -13% 1,610 1,643 2% Total 1,382 1,504 1,417 3% -6% 4,297 4,461 4% Sales volume in each product category (Million Litre) LPG 12 15 23 93% 49% 59 52 -12% Gasoline 11 15 7 -30% -51% 30 35
37 173% 47% Gasoline 12 8 9 -22% 10% Gasohol 400 442 404 1% -9% Jet Fuel 244 209 209 -14% -0.4% Diesel 813 825 802 -1% -3% Fuel Oil and Others 58 46 53 -8% 16% Total 1,539 1,555 1,514 -2% -3% Total
from late 2018; particularly, the Gasoline-Dubai crack spread (UNL/DB), Jet (Kerosene)-Dubai crack spread (IK/DB), and the Gasoil-Dubai crack spread (GO/DB), causing the refinery business’s market gross
product category(Million Litre) LPG 14 23 25 80% 11% 73 77 6% Gasoline 11 7 8 -25% 13% 42 43 3% Gasohol 416 427 442 6% 4% 1,650 1,688 2% Jet Fuel 225 200 209 -7% 5% 822 841 2% Diesel 771 714 825 7% 15
quarter of 2017 from the concrete product business , food products and gasoline business. 3.3 During the second quarter of 2018, the Company received the payment from trade receivables at the amount of Baht
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
declining, mostly from the gasoline product which is a result of travel limitation policy during the COVID-19 outbreak. The Marketing Business recorded improvements in performance of 797% QoQ and 15% YoY, due
15.74 -1.80 13.73 15.38 -1.65 GO/DB 17.71 11.64 14.32 15.34 -1.02 14.98 -0.67 13.72 14.68 -0.96 FO/DB -5.82 -29.19 -18.59 1.11 -19.70 1.33 -19.92 -4.91 -2.64 -2.28 Crack Spreads Analysis Gasoline and
6.90 11.00 14.32 -3.32 12.75 -1.75 FO/DB 2.36 (16.57) (7.30) (18.59) 11.29 0.54 -7.84 Crack Spreads Analysis Gasoline and Dubai crack spread (UNL95/DB) in Q1/2020 averaged at 6.54 $/BBL, a decline of