Petrol Price January 2017 Malaysia



From then the price for ron95 petrol will be allowed to float freely with recipients of the bantuan sara hidup bsh scheme receiving given a cash subsidy.

Petrol price january 2017 malaysia. Rm 1 71 0 04 as of 2019 fuel price will be revealed weekly on friday noon. This week there was almost no change from last week in either raw material price. How fuel prices are determined in malaysia.

The expected prices for petrol and diesel for 28th december 2017 3rd january 2018 are. Fuel prices in malaysia currently stand at rm1 90 per litre for ron 95 rm2 25 per litre for ron 97 rm1 85 per litre for diesel and rm1 95 per litre for euro 5 diesel. Latest petrol price for ron95 and.

Petrol price malaysia august 2017. Overall petrol and diesel prices were on the uptrend in august 2017. The long awaited subsidies for ron95 petrol are set to return in january 2020.

For the month of january 2017 ron 95 will be priced at rm2 10 per litre up 20 sen compared to december 2016 ron 97 at rm2 40 per litre up 15 sen diesel at rm2 05 per litre up 20 sen and. By comparehero my january 24 2018. Rm2 26 per litre with decreased by rm0 01.

Fmt reporters december 31 2016 8 55 pm. Latest petrol price in malaysia. Historical movement of petrol prices in malaysia for year 2017.

Check back every week to find out the petrol prices for the next week. Fuel prices up 15 20 sen in january 2017. Since 1983 the retail price of petrol and diesel is set using the automatic pricing mechanism apm.

How petrol prices are determined in malaysia. Tuesday december 5 2017. Rm2 53 per litre with decreased by rm0 01.

Get your weekly ron 95 ron 97 and diesel and petrol price on our website. Our prediction is based only on data and has been proven to be accurate based on past history. Historically the price of petrol in malaysia was subsided by the government to keep the price artificially low.

In this article you ll find the latest petrol prices and a comparison table for petrol prices that dates back to 2014. However this changed in recent years when the government adopted a managed float system where the price of fuel would be announced monthly. Since fuel prices will change weekly and are based upon changes in the average price of oil per litre you can adapt your petrol purchases to profit from cheap weeks and avoid the expensive weeks.

So what is the apm for. Petrol pp uses our proprietary calculation methods together with publicly available information to estimate the petrol price of malaysia for the month ahead. In fact it is used to ensure the retail price and the actual price is different and will be borne by subsidies and sales.