For this month, prices have not increased significantly, but fertiliser prices will shoot up because our percentage of impor­ted fertiliser is too high,” he warned. Addressing civil servants at the Transport Ministry’s monthly assembly yesterday, Anwar said the skyrocketing costs of global logistics caused by the ongoing US-Iran conflict and regional insta­bility are already being felt. “Insurance costs have surpass­ed 100% and freight charges have also gone up. Anwar added that disruptions to global energy supplies will be a long-term issue, citing his recent conversation with the Emir of Qatar. Meanwhile, diesel prices in Peninsular Malaysia has risen to RM6.72 per litre, up 70 sen from RM6.02 previously.

Source: The Star April 10, 2026 01:15 UTC