PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITEDAdjusting product mix to high-margin goods amid high palm oil prices boosts margins.
Petcharat Sriwichai Enterprise Public Company Limited, or PCE, is actively managing its product mix to increase the share of high-margin goods, as global crude palm oil prices remain elevated at around 4,500 ringgit per tonne, equivalent to approximately 38 to 40 baht per kilogram. Domestic fresh palm fruit prices stand at about 7 baht per kilogram, while local crude palm oil prices average roughly 40 baht per kilogram. The company is leveraging its strength as a fully integrated operator spanning upstream to downstream to adjust the production mix across its energy segment, edible oil segment, and value-added products. It is also expanding its fresh palm fruit purchasing network to secure raw material supply for its mills and pushing into the edible oil market under the Rintip brand through both B2B and B2C channels. For the third quarter of 2026, the company expects performance to remain stable and similar to the second quarter, with B100 sales rising 70 to 80 percent from the previous quarter, while maintaining a gross margin in the low double-digit range.
PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITEDAdjusting product mix to high-margin goods amid high palm oil prices boosts margins.
High palm oil prices benefit crude palm oil producers.