ADJUSTMENT TO THE FUEL PRICES

1. ADJUSTMENT TO THE FUEL PRICES: WEDNESDAY, 04 MARCH 2015

Product:

Petrol 95 and 93 (ULP

& LRP)
Diesel 0.05% and
0.005% Sulphur

96.000 cents per litre increase in retail price
74.000 cents per litre increase in wholesale price
73.000 cents per litre increase in wholesale price
98.000 c/l increase in the Single Maximum National Retail price (SMNRP)

154.000 cents per kilogram increase in the maximum retail price

Illuminating

(Wholesale)
Illuminating
(SMNRP)
Maximum Retail Price
for LPGAS

Paraffin
Paraffin

2. ECONOMIC FACTORS AFFECTING THE UNIT OVER/UNDER-RECOVERIES FOR  THE PERIOD
30 JANUARY 2015 TO 26 FEBRUARY 2015

The average international product prices of Petrol, Diesel and Illuminating Paraffin increased during the
period under review.

The average Rand/US Dollar exchange rate weakened when compared to the previous period. The
average Rand/US Dollar exchange rate for the period 30 January 2015 to 26 February 2015 was 11.5890
compared to 11.5777 during the previous period.
The weakening of the Rand against the US Dollar increased the contribution to the Basic Fuels
Price on petrol, diesel and illuminating paraffin by 0.54 c/l, 0.56 c/l and 0.57 c/l respectively.

 

Please follow and like us: