million (down 7% yoy) resulting from ME price drop follow CPO price softness, though the company had higher ME sale volume of 5% yoy due to biodiesel mandate B7 vs. B5 and B7 in 2Q2017. And as a result of
measurement. In addition, due to CPO price softness leading to lower feedstock price discount, and extra expense from inventory issue management, the company recorded EBITDA at THB 1 million, which was lower
price softness, though the company had the higher ME sale volume of 10% due to the biodiesel mandate B7 comparing to that of B5 and B7 in 9M2017. Because of CPO price softness, the company had got stock
quarter vs. B5 mandate in 1Q/2017 and higher revenues yoy from sales of byproduct. However, with softness of CPO price, the company could source less competitive CPO and had got stock loss & NRV of THB 17
biodiesel mandate of B7 in 4Q17, while it was B5 in 4Q16, and 2) higher revenue from ME byproducts and other revenue. With softness of CPO- DIT prices, GGC’s margin was affected from the lower feedstock price
Chemicals Public Company Limited Management Discussion and Analysis | 5 within end of this year. Due to crude palm oil price softness, methyl ester price was at 23.98 Baht/kg, decreased from the previous
natural fatty alcohols price driven by crude palm kernel oil price softness and Global Green Chemicals Public Company Limited Management Discussion and Analysis | 13 slightly decreasing in sales volume of
alcohols business recorded sales revenue of THB 827 million in 3Q/2019, a decrease of 38% from 3Q/2018 mainly due to natural fatty alcohols price drop following crude palm kernel oil price softness, and the
. Similarly our PIA business in USA and Europe have seen improvements in spreads with lower feedstock prices. We have seen some demand softness in the PIA business related to non-polyester applications such as
to uncertainty of global economy primarily from US-China trade war. As aforementioned and the average of natural fatty alcohols price dropped in relation to crude palm kernel oil price softness, the