QUOTE(cstkl1 @ May 29 2020, 11:33 PM)
January bro. ( btw i bought in jan 4.08 )
I normally look quarterly impact for goods prices. So 3 months.
It was already 4.35 - 4.40 in mid March, that's 8% increase in 2 months so that's a lot I normally look quarterly impact for goods prices. So 3 months.
We don't do FOREX but supply chain. In an order worth RM 10 million (which is small), 8% is RM 800K so that's really a lot. If it's a big order, that's even more.
If old stocks lasts until March and new stocks are procured in March, there will be a hike so eventually the Malaysian domestic market feels a price increase in April onwards.