palm oil inventory climbed up to c.425,000 tons in August 2017 which was higher than the historical average inventory of 200,000 tons. Therefore, the government announced the biodiesel mandate as B7 for
oil price throughout the quarter, leading to an inventory loss. However, despite the refinery Hydrogen Production Unit and Hydrocracking Unit temporary shut down, refinery’s average crude run remained
remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing
). Table 1 : Performance Summary Table 2 : Adjusted EBITDA Margin In the face of volatile crude palm oil and crude palm kernel oil prices’ movement, both had continued to decrease from quarter 1/2017 due to
Company. However, the Company aware of these risks, the policy has determined to adopt, especially in raw material procurement procedures. The Company attempt to maintain a faster inventory ท่ีตั้ง 55/2 หมู
cost following the widened average DTD/DB spread. Further, crude oil price significantly drop during the year end, led to the refinery business to record Inventory Loss of THB 1,489 million Management
probed into Wiroj case and found that he failed to inform the rules of volatile stock such as stock's risk and settlement duties to the client before submission of purchase order. As a result, the client
and found that he failed to inform the rules of volatile stock such as stock's risk and settlement duties to the client before submission of purchase order. As a result, the client had to settle the
. The refinery business’s inventory loss amounted to THB 1,163 million (including lower of cost or market (LCM) THB 15 million), a result of the volatile global crude oil price during the quarter. Dubai
Company aware of the price fluctuation risks, has set the policy determined especially in raw material procurement procedures. The Company attempt to maintain a faster inventory turnover, where raw material