SA Fuels Price Changes
|Petrol (ALL GRADES)||
93 ULP & LRP: 22.0 c/litre decrease in retail price
95 ULP & LRP: 22.0 c/litre decrease in retail price
|Diesel 0.05% Sulphur||23.58 c/litre decrease in wholesale price|
|Diesel 0.005% Sulphur||25.58 c/litre decrease in wholesale price|
|Illuminating Paraffin (Wholesale)||10.0 c/litre decrease in wholesale price|
|Illuminating Paraffin (SMNRP)||13.0 (Countrywide) c/litre decrease in the Single Maximum National Retail price (SMNRP)|
Maximum Retail price for LPGAS
27.0 c/kg decrease in maximum retail price
During the period under review, the average international product prices of Petrol and Diesel decreased, whilst Illuminating Paraffin prices increased.
The average Rand/US Dollar exchange rate strengthened when compared to the previous period. The average Rand/US Dollar exchange rate for the period 22 May 2014 to 29 May 2014 was 10.4042 compared to 10.5576 during the previous period. The strengtening of the Rand against the US$ decreased the contribution to the BFP (Basic Fuels Price) on petrol, diesel and IP by 12.20 c/l, 12.37 c/l & 12.18 c/l respectively.
In line with the Self-adjusting Slate Levy Mechanism Rules, the Slate Levy on petrol and diesel will be decreased by 6.58 c/l from 6.58 c/l to 0.00 c/l with effect from 4 June 2014 .
Source: Department of Energy, Republic of South Africa.