2e.

Commodity Prices and Oil Prices Forecasts

The US coal price decrease from $2.38/MMBtu in 2012 to $2.35 in 2013 and forcast will be rise
from $2.38/MMBtu to $2.39/MMBtu in 2014 and 2015 respectively. A recovery in coal price come
from demand of coal in the industry especially, China imported the most amount of coal than any
country has ever imported in one year.
The US natural gas price are consecutive as the price increse from 3.42 in 2013 to 4.38 in 2013
and the price of 2014 forecast to be 4.64. The natural gas price could remaim high due to higher
demand of natural gas consumption in the industry and consumed in the transportation sector.
especially on rumors that demand could pick up again.

Copper price has dropped around 10%

from $7949.95 per ton in 2012 to in
$7326.17 per ton in 2013as economic
growth eased in China,the worlds
largest user. Buttheoutlookforthecurrent
year is decrease in copper price as
supply has always exceeded demand in the
global copper market
As show in the graph, Oil prices were stable
in the past several year before. Then average
crude oil prices started rising to 34 per barrel
in 2001 as the recession began due to global
demand. In 2008 oil prices reached over
$136 per barrel due to global concerns about
the wars in both Iraq and Afghanistan.
Meanwhile,The average price of oil has been
above $80 per barrel for the past two and a
half years before 2014. With rising prices has
come a dramatic increase in exploration
activity.
As for Thailand economy is highly dependent on global oil markets.The forecast of oil price
average will be rise higher than $100 per barrel in 2014 that effect directly to Thai economy could
slowdown 0.5%-0.6% due to cost of energy. However, oil price are fluctuate along with global
change such the political instability in the Middle East has caused great concern a large amount of
the worlds oil supply.
Impact of Commodity Price and Oil Prices Forecast on KCE.
A commodites price are effect directly in KCE's manufacturing cost. The rise in oil prices has been
a painful trend for business especially in transportation cost due to most of the KCE's are for export.
The frustated of commodities and oil price would move up by a small amount. By the way, It could
be a good sign for KCE with the stable outcome and expect to expand their business in the future to
serve the increasing demand of product in the growing world electronics industry.

http://www.westmetall.com/en/markdaten.php?
action=show_table_average&field=LME_Cu_stock#y2014
http://www.eia.gov/petroleum/
http://www.eia.gov/finance/markets/reports_presentations/eia_what_drives_crude_oil_prices.
pdf
http://www.forbes.com/sites/billconerly/2013/05/01/oil-price-forecast-for-2013-2014-fallingprices/
http://www.lme.com/en-gb/metals/non-ferrous/copper/#tab2