27 Sept: OK, finally we are in the last week of September! So far there is no change in the raw material and Ringgit pricing. So at this point in time, likely to be no change or potentially, a very slight increase in pricing!
20 Sept: So, raw material costs have gone up this week while the ringgit is unchanged. However, since the government already set such a high rate last week, it is not clear exactly how they would react this week. Most likely, it is going to be the same pricing. Update: It went down slightly to 2.18/liter!
13 Sept: This week there should be a bit of a reprieve. The ringgit has strengthened quite a lot against the USD finally, while raw material prices are also down. Thus we expect some downward movement, perhaps to RM2.18 or so per liter.
Update: Unfortunately the reprieve did not happen. The price has been set even higher at RM2.21/liter, although the calculated price should have fallen. Well, we will leave the readers to make their own judgment on the reasons!
6 Sept: Merdeka day cheers has faded, and we are now in September. There has been a huge increase in raw material prices over the last week, but its impact on the Ringgit is not seen yet due to the many public holidays. So be prepared for a big increase this Wednesday!
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