How did higher market prices impact wholesale of petrol and diesel sales?

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Higher Market Prices Drove Increased Sales of Petrol, Diesel, and Lubricants in Wholesale Trade

In May 2026, the wholesale trade sector experienced a significant boost, with overall sales reaching RM80.8 billion, an 18.4 per cent year-on-year increase. This growth was notably influenced by elevated market prices for petrol, diesel, and lubricants, which directly contributed to higher sales figures within this specific category. The broader impact of these price increases was a key factor in the overall positive performance of the wholesale sector.
Wholesale Trade Sales Saw Substantial Year-on-Year Growth

Malaysia's wholesale trade sector recorded sales of RM80.8 billion in May 2026, representing an RM12.6 billion or 18.4 per cent increase compared to the same month in the previous year. This strong performance was a significant contributor to the total wholesale and retail trade sales of RM171.3 billion for the month. The volume index for wholesale trade also saw an expansion of 3.2 per cent year-on-year, indicating a rise in the quantity of goods traded alongside the value increase.
Specialised Wholesale Group Achieved Notable Sales Increases

The "other specialised wholesale" group was a primary driver of the wholesale trade sub-sector's expansion, achieving sales of RM35 billion. This segment recorded a substantial 42.6 per cent increase in sales compared to May 2025. This remarkable growth was largely attributed to the aforementioned surge in sales of petrol, diesel, and lubricants, as well as liquefied petroleum gas, a trend directly linked to the prevailing higher market prices for these commodities.
Broader Wholesale Categories Showed Positive Momentum

Beyond petrol and diesel, other wholesale categories also demonstrated healthy growth. The wholesale of food, beverages, and tobacco group expanded by 5 per cent, supported by increased sales of rice, other grains, flour, sugar, dairy products, and fish. Furthermore, the wholesale of household goods rose by 3.5 per cent to RM15.2 billion, driven by sales in pharmaceuticals, medical goods, jewellery, and clothing. Agricultural raw materials and live animals also saw a 7.3 per cent increase, reaching RM6.7 billion, primarily due to robust demand for palm oil.

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How did higher market prices impact wholesale of petrol and diesel sales?

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