quarter still reflects crude price sentiment from Q4/2018, leaving the refinery business with minor inventory loss (included a reversal of lower of cost or market (LCM) of THB 689 million), whereas, during
-China trade war and the depreciation of Yuan (CNY) against US dollar. Besides, the extreme fluctuation of crude palm oil price in end of 2019 affected buying sentiment to be drop as buyers waited for the
prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and in transit as explained above. Though the prices have continued to weaken month on month, we are now
effect of the widened Crude premium over Dubai, as well as the lowered oil product spread over crude oil price. There was an Inventory Loss of THB 70 million, and GRM hedging loss. Marketing Business Group
price). Larger sales volume this year was supported from higher biodiesel mandate and from government special request for private sector to stock crude palm oil and biodiesel. Nonetheless, the company’s
sales volumes. The sharp decline in the Finished Goods prices has also led to a decline in Raw material prices and the Company suffered devaluation loss on Finished Goods stock, Raw Material in stock and
price. The company terminated the Tolling Contract in January due to unfavorable market sentiment. From February onwards, the Company has to increase their production volume within their capacity of the
increased in HRC market price. The company terminated the Tolling Contract in January due to unfavorable market sentiment. From February onwards, the Company has to increase their production volume within
decrease of 1.05% due to sale increased. - Cost of finance from Baht 6.12 Million of Q2/2016 to Baht 6.71 Million in Q2/2017 increased Baht 0.59 Million due to more use of loan by stock raw material. Please
repercussions on the global economy, compounded by a steep recession. It was a grim scenario, with uncertainty looming large. One year later, we stand in a very different place. Brent crude oil price has had a