Monday, November 6, 2017

RON95 November 2017




Latest pricing for December: Click here!
29 Nov: Yep, we were correct last week. This week, signs are pointing toward a slight further drop in the RON95 pricing. Let's wait for the next day of data points to see where things are going. The government might also be pushing prices down thanks to the school holidays (since they've made the margin 2 weeks ago at RM2.38/liter when indicators showed it at just RM2.33/liter).
Update: Yes, the government kept the price at RM2.30/liter.

22 Nov: Some respite, finally! There should be a decrease in the RON95 price in today's announcement, as both the refined products price has fallen, and the Ringgit has strengthening a lot over the last week. Let's hope for the best!

15 Nov: Well, we predicted an increase but didn't expect such a huge one! Prediction was RM2.33/liter, it was actually a massive increase to RM2.38! The good news is, Ringgit is finally strengthening again so let's hope there might be some better news in the coming weeks.

8 Nov: Well, we were really close last week. There's only one way prices are moving now - it's definitely up, up and up! Raw material prices are through the roof but the Ringgit has not moved yet. So, go pump as soon as possible if you can. 

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