Happy Monday for all my readers. Now, the trend is bullish. BULLISH.
Ron 97 is bullish, BNM OPR and SRR also BULLISH. And the new one is Sugar price, also joining the BULLISH team.
The Star reported that the price of sugar (coarse and fine) will go up by 20 sen to RM2.30 per kg from Tuesday. Tuesday is tomorrow.
The subsidy rationalisation would save the government RM116.6mil but it would still be footing a subsidy bill of RM283.4mil subsidy bill, said Dosmetic Trade, Cooperatives and Consumerism Ministry secretary-general Datuk Mohd Zain Mohd Dom on Monday.
The last sugar price rise was Jan (20 sen), July (25 sen) and Dec (20 sen) last year.
I believe, other chain products will follow this trend also. Teh Tarik price will increase, Air Sirap Sejuk price will also increase and a lot more product. Wait and see.
Eh, is your salary is also BULLISH?
Maybe I also should increase my homestay and room to rent rate… hmm… will I? Nope.