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UPDATE ON 1 APR 2017: AND we were spot on again! We predicted RM2.12/liter and it was actually RM2.13/liter. Malaysia now uses a weekly pricing mechanism, but PetrolPP will keep predicting! See the latest here.
UPDATE ON 28 MARCH 2017: It's the last couple of days for March, and as of now, it looks like there would definitely be a drop in RON95 price in April!
Action points? Well, if you can, don't fill up your petrol tank to the max this week - try to wait until 1 April and quite likely, the price would be lower!
As you know from March 2017, our method proved to be very much correct! We calculated RON95 price at RM2.29/litre and expected it would be retained at RM2.30/litre - which it was!
So here is the latest for April 2017. The way things are currently moving, raw material cost is down 8% (in USD) while the ringgit is still stable, so most likely there would be a fall in April 2017 petrol prices! Let's hope it stays that way.
UPDATE ON 1 APR 2017: AND we were spot on again! We predicted RM2.12/liter and it was actually RM2.13/liter. Malaysia now uses a weekly pricing mechanism, but PetrolPP will keep predicting! See the latest here.
UPDATE ON 28 MARCH 2017: It's the last couple of days for March, and as of now, it looks like there would definitely be a drop in RON95 price in April!
Action points? Well, if you can, don't fill up your petrol tank to the max this week - try to wait until 1 April and quite likely, the price would be lower!
As you know from March 2017, our method proved to be very much correct! We calculated RON95 price at RM2.29/litre and expected it would be retained at RM2.30/litre - which it was!
So here is the latest for April 2017. The way things are currently moving, raw material cost is down 8% (in USD) while the ringgit is still stable, so most likely there would be a fall in April 2017 petrol prices! Let's hope it stays that way.
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