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@IcePenguin, How they benefited from fuel price adjustment?
Govt cut diesel subsidy, the consumers will suffer higher commitment, and eventually change to non-diesel vehicles, then will this affects Petronm or HengYuan revenue drop instead?
I guess govt subsidy is paid once or twice a year, now they collect everyday, earn interest instead of they have to pay in advance. current selling price maybe higher than what govt subsidized?
