PETALING JAYA: The Petrol Dealers Association of Malaysia (PDAM) is anticipating losses as it expects fuel prices to drop by more than 10 sen on Friday (March 6).
PDAM president Datuk Khairul Annuar Abdul Aziz said that while the cheaper fuel is welcomed by the public, petrol dealers would have to sell fuel at a loss.
He said it also wanted to hold discussions with the industry to limit downward prices to avoid losses for dealers."We were hit badly when diesel prices fell by 10 sen two revisions back. Tomorrow we anticipate more than 10 sen drop for all products," he told The Star on Thursday .
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