21 Feb 2018: Gong xi fa cai to one and all! As you already noticed, the petrol price went down for the holiday season. This was due not only to lower raw material prices, but also because the government set the premium lower - from the 10-11 sen premium over the 1st two weeks of February, to 7 sens last week. It is still high compared to the 2-3 sen premium in the past. Perhaps a higher price buffer is needed for publicity purposes? We are not sure!
This week, the indicators show that price should remain the same.
