% FA Market P2F 465 584 -20% 419 11% 442 504 -12% Note : (1) Reference Price of ICIS (2) Average price of Fatty Alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3

Price of ICIS (2) Average price of Fatty Alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of Malaysian Palm Oil Board (MPOB) Management’s Discussion

Fatty Alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of Malaysian Palm Oil Board (MPOB) CPKO MPOB price in 1Q2018 was in the downward trend. 1Q2018

433 190% -26% 209 481 130% Note : (1) Reference Price of ICIS (2) Average price of Fatty Alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of

Discussion and Analysis | 5 Note : (1) Reference Price of ICIS (2) Average price of Fatty Alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of Malaysian

of ICIS (2) Average price of fatty alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of Malaysian Palm Oil Board (MPOB) Crude palm kernel oil price

1,224 -20% Market P2F of Fatty Alcohols 463 433 7% 465 -0.4% 449 481 -7% Note : (1) Reference Price of ICIS (2) Average price of Fatty Alcohols with production proportion: Short Chain 8% Mid Cut 62% and

% Market P2F of Fatty Alcohols 329 573 -43% 353 -7% Note : (1) Reference Price of ICIS (2) Average price of fatty alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3

and Feedstock’s prices Note : (1) Reference Price of ICIS (2) Average price of fatty alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of Malaysian

% Note : (1) Reference Price of ICIS (2) Average price of fatty alcohols with production proportion: Short Chain 8% Mid Cut 62% and Long Chain 30% (3) Reference Price of Malaysian Palm Oil Board (MPOB