2.1 Market Gross Integrated Margin (Market GIM) Market GIM The Market Gross Integrated Margin (Market GIM) in 2022 was Baht 23,761 million or USD 10.57 per barrel moving down by Baht 5,827 million or USD 2.55 per barrel from that last year. This was mainly from lessened spreads of most Petrochemical products, especially those in Olefins GRM PTF Power & Utilities (USD/bbl) (MB) 30,000 25,000 20,000 15,000 10,000 5,000 0 30 25 20 15 10 5 0 2022 2021 2022 2021 23,761 29,588 10.57 0.85 13.12 3,783 13,668 1.68 6.06 1,906 2,605 18,072 13,315 8.04 5.91 1.15 and Styrenics groups, due to recession concerns curbing the demand. Also, crude premium escalated by USD 5.14 per barrel whereas Petroleum products spreads boosted significantly. 56-1 One Report 2022 184 IRPC PUBLIC COMPANY LIMITED
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