competition and a decrease in crude palm oil price regarding to supply glut. However, the company has been improving the inventory management to be more efficient since the second half of 2018, resulted to the

glycerine price driven by glycerine supply glut since biodiesel blending rate has been increased by leading biodiesel producers in global market. As aforementioned, the company posted net loss of THB 97

driven by glycerine supply glut from increasing biodiesel blending rate of leading biodiesel producers in global market significantly affected to the company’ s methyl ester business. However, fatty

SECURITIES AND EXCHANGE COMMISSION, THAILAND ANNUAL REPORT 2014ANNUAL REPORT 2014 CONTACT INFORMATION This report can be downloaded from www.sec.or.th For more information about this report, please contact: SECURITIES AND EXCHANGE COMMISSION, THAILAND 333/3 Vibhavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok, Thailand 10900 Tel. 1207 or +66 2695 9999 e-mail: info@sec.or.th This 2014 Annual Report is about policies, strategies and performance of the SEC. We aim to supervise and develop the Thai...