SA Fuels Price Changes
|Petrol (ALL GRADES)||
93 ULP & LRP: 36.0 c/litre increase in retail price
95 ULP & LRP: 36.0 c/litre increase in retail price
|Diesel 0.05% Sulphur||27.2 c/litre increase in wholesale price|
|Diesel 0.005% Sulphur||28.2 c/litre increase in wholesale price|
|Illuminating Paraffin (Wholesale)||16.0 c/litre increase in wholesale price|
|Illuminating Paraffin (SMNRP)||22.0 c/litre increase in the Single Maximum National Retail price (SMNRP)|
Maximum Retail price for LPGAS
58.0 c/kg increase in maximum retail price
During the period under review, the average international product prices of Petrol and Diesel increased, whilst Illuminating Paraffin prices decreased.
The average Rand/US Dollar exchange rate weakened when compared to the previous period. The average Rand/US Dollar exchange rate for the period 31 January 2014 to 27 February 2014 was 11.0054 compared to 10.8105 during the previous period. The weakening of the Rand against the US$ increased the contribution to the BFP (Basic Fuels Price) on petrol, diesel and IP by 15.17 c/l, 15.94 c/l & 15.76 c/l respectively.
In line with the Self-adjusting Slate Levy Mechanism Rules, the Slate Levy on petrol and diesel will increase by 2.2 c/l to 13.16 c/l effective 5 March 2014.
Source: Department of Energy, Republic of South Africa.