Generating Authority of Thailand (EGAT) completely purchased crude palm oil amount of 160,000 tons in April 2019 to generate electricity in response to the government’s delegation. According to the cabinet
affected by the year round global oil price fluctuation, especially in the last quarter which oil price plunged drastically. Moreover, the refinery recorded lower crude run due to its 45 days turnaround
and its subsidiaries recorded total EBITDA of THB 2,514 million (-38% YoY, -38% QoQ), the performance softened, especially for Refinery Business, which was affected by the continuously lowering crude
of 0.96 THB. The company and its subsidiaries recorded total EBITDA of THB 3,580 million (+28% YoY, +42% QoQ), performance improved, especially for the Refinery Business, of which average crude run
affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and
market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a
price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and
historical average price according to the announcement of the Department of Internal Trade, Ministry of Commerce. The Company purchased crude palm oil (CPOA) as at 1 October 2018, the buying average price is
of the virus has caused demand for consumption of fuel around the world to decline with significance. This factor is putting pressure on the price of crude and finished product to drop significantly
the Electricity Generating Authority of Thailand (EGAT) to purchase crude palm oil continuously in the amount of 360,000 tons to be used as electricity which currently EGAT has bought 220,000 tons. The