SCGC Acquisition and Expansion Strategy
Market dynamics
A recap of 2022 - Year of challenging business environment
High energy prices from geopolitical issues, soft demand from China lock-down, trough chemicals cycle, and high inflation
and interest rate hikes
P.3
High energy prices
($/T)
500
450
400
350
300
250
200
150
100
61
43
50
Source: Market Price
%
10
8
4
4.7
2020
2021
Jan-22
Feb-22
Mar-22
Apr-22
May-22
($/bbl)
($/T)
300
700
Newcastle coal
270
583
401
600
240
210
500
500
180
400
150
300
Brent
120
90
81
8631
200
60
30
100
0
Jun-22
Jul-22
High inflation
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Trough in chemicals business cycle
PE-N
366
PP-N
323
2020
2021
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Source: Market Price
Rising domestic electricity tariffs
FT movement in 2022
Jun-22
0.934
Jul-22
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Thailand
U.S.
(Baht/KWH)
1.2
6.5
0.8
5.9
0.4
0.248
2
1.2
0.014
0
FY2021 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22
Jan-Apr
May-Aug
Sep-Dec
Source: Bureau of Trade and Economic indices, Ministry of Commerce, Thailand
Source: MEA
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