FUEL PRICES

Price Change Forecast

  
South Africa Controlled Product Price Forecast

Next Price Change : Wednesday 3 March 2010 

Petrols

 

 

Low Sulphur Diesel 0.05%

 

Ultra Low Sulphur Diesel 0.005%

 

 

Illuminating Paraffin

   

 

Brent Crude

 

Brent Jan 2010 forecast

 

Rand - US $ exchange

 

 

This Price Forecast is based on information as at  29 January 2010 and is based on current price regulation guidelines as stipulated by the Department of Minerals and Energy. This is mainly based on international crude and finished product price movements coupled with prevailing Rand – US Dollar exchange rates.

Unless specifically stated this forecast excludes extraordinary changes requiring Ministerial approval (eg. margins, taxes etc.)

Official Price Change

  
South Africa Controlled Product Price Change

  1. The Department of Minerals and Energy has announced the following price change for PETROL, DIESEL and IP/ KERO :

Effective Date : Wednesday 3 February 2010                       

GAUTENG

LIST PRICE CHANGE

PUMP PRICE

(Zone 9C)

CHANGE

Current price

New Price

CHANGE

Current price

New price

V Power 95 (Inl)

18.00 c/l

increase

713.30

731.30

18.00 c/l

increase

786.00

804.00

M93 ULP & M93LRP

18.00 c/l

increase

694.30

712.30

18.00 c/l

increase

767.00

785.00

Diesel 0.05%

10.00 c/l

increase

689.45

699.45

Not controlled

 

Not
controlled

 

Diesel 0.005%

10.00 c/l

increase

691.85

701.85

Not controlled

 

Not
controlled

 

IP / Kero

05.00 c/l

increase

512.20

517.20

Not controlled

Not
controlled

 

 

COASTAL

LIST PRICE CHANGE

PUMP PRICE

(includes large coastal ports i.e. CT, MB, PE, EL, DBN)

(Zone 1A)

CHANGE

Current Price

New Price

CHANGE

Current price

New Price

V  POWER © & M95LRP

18.00 c/l

increase

690.30

708.30

18.00 c/l

increase

763.00

781.00

Diesel 0.05%

10.00 c/l

increase

676.15

686.15

Not controlled

Not
controlled

 

Diesel 0.005%

10.00 c/l

increase

678.55

688.55

Not controlled

Not
controlled

 

IP / Kero

05.00 c/l

increase

483.10

488.10

Not controlled

Not
controlled

 

 ·         Price change valid throughout RSA for RETAIL and COMMERCIAL customers

·         Petrol List and Pump prices above refer to Retail customers

·         Price change due to movements in crude and international product prices coupled with the prevailing (favourable) RAND – US dollar exchange rates 

The maximum retail price at which "loose" Illuminating Paraffin, i.e. excluding cost of package/packaging, may be sold at any location in South Africa effective 3 February 2010 is R6.68 (increase of 6 c/l) per litre or R5.01 per 750 Ml., in "own container" supplied.

The WSLP of Paraffin to Shell customers will not be affected by this Retail legislated price. 

The WSLP of Paraffin to Shell customers will not be affected by this Retail legislated price.

·         Petrol price change refers to 93  and 95 octane

·         Diesel List prices refer to 0.05% and 0.005% sulphur specification

·         Diesel price change also valid for other diesel based products like Low Emission Diesel, SATS Loco Fuel etc. 

·         IP price change also valid for Mine Loco Fuel and Boiler Fuel (taxes = Mog95)

1.       In terms of Government Notice no. R1029 (dd 31July 2002) DME has regulated the maximum refinery gate price of LPG at R 5 484.74 per metric ton (304.40 c/l) for the period 3 February 2010 to 2 March 2010 

Price Change Buildup

Price Change Buildup for the period of 03/02/10 to 02/03/10 will be as follows:

  

Petrol
95
ULP

Petrol
93 ULP
& LRP

Diesel
* 0.05%
S

Diesel
* 0.005%
S

Illumin-
ating
Paraffin

  

c/l

c/l

c/l

c/l

c/l

Contribution to the basic
fuel price (BFP)
424.263 415.482 417.630 420.030 418.128
Wholesale margin 51.087 50.868 50.860 50.860 51.072
Service cost recoveries 10.800 10.800 10.800 10.800 18.200
Storage, handling &
delivery costs
10.800 10.800 10.800 10.800 10.800
Distribution cost         7.400
Dealers margin (*) 72.700 72.700      
Zone differential in Gauteng 14.000 14.000 14.000 14.000 29.800
IP Tracer levy     0.010 0.010  
Fuel levy 150.00 150.00 135.00 135.00  
Slate levy 0.000 0.000 0.000 0.000  
Incremental Inland Transport Rec Levy 3.000 3.000 3.000 3.000 0.000
Customs & excise duty 4.000 4.000 4.000 4.000  
DSML (Inland Revenue) 10.000        
Petroleum Piplelines Levy 0.150 0.150 0.150 0.150 0.000
RAF levy 64.000 64.000 64.000 64.000  
Sub-total 379.737 369.518 281.820 281.820 99.072
Retail price 804.00 785.00      
Wholesale price 731.30 712.30 699.45 701.85 517.20
(*) The wholesale price of diesel is regulated, but not the retail price