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Petrol Price

In this section we take a look at the current fuel prices as well as the next estimated petrol price forecast. We also provide a detailed breakdown of exactly what goes into the fuel price.
Price Change Buildup

The Pricing Structure for Petrol, Diesel and IP

Pricing buildup graph
GAUTENG FUEL PRICES

COMPOSITION OF THE RETAIL PRICE OF PETROL AND THE WHOLESALE PRICES FOR DIESEL AND IP IN GAUTENG FOR THE PERIOD 01/05/2013 TO 04/06/2013 WILL BE AS FOLLOWS:
 
GAUTENG FUEL PRICES Petrol 95 ULP Petrol 93 ULP & LRP c/l Diesel *  0.05% S Diesel *  0.005% S Illuminating Paraffin
  c/l c/l c/l c/l c/l
Contribution to the basic fuel price (BFP) 694.390 681.390 712.630 717.030 709.128
Wholesale margin 58.000 58.000 58.000 58.000 58.000
Service cost recoveries 25.500 25.500 25.500 25.500 32.900
  Storage, handling & delivery costs 25.500 25.500 25.500 25.500 25.500
  Distribution cost         7.400
Dealers margin       (*) 99.200 99.200      
Zone differential in Gauteng 28.900 28.900 28.900 28.900 48.200
IP Tracer levy     0.010 0.010  
Fuel levy 212.500 212.500 197.500 197.500  
Slate levy 15.360 15.360
 15.360
 15.360
 0.000
Customs & excise duty 4.000 4.000 4.000 4.000  
EQF Levy 0.000 0.000 0.000 0.000 0.000
RAF levy 96.000 96.000 96.000 96.000  
DSML (Inland Demand Levy) 10.000        
Petroleum Pipelines Levy 0.150 0.150 0.150 0.150  
Subsidy from Equalisation Fund 0.000 0.000 0.000 0.000 0.000
Incremental Inland Transport Rec Levy 3.000 3.000 3.000 3.000  
Sub-total 552.610 542.610 428.420 428.420 139.100
Retail price 1,247.00 1,224.00      
Wholesale price 1,147.80 1,124.80 1,141.050 1,145.450 848.228
Official Price Change

South Africa Controlled Product Price Change

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

                                        EFFECTIVE DATE : Wednesday 01 May, 2013

South Africa Controlled Product Price Change
GAUTENG LIST PRICE CHANGE PUMP PRICE CHANGE
(Zone 9C) Change Current Price New Price Change Current Price New Price
V-Power 95 (Inl) 73.00 c/l decrease

 

1220.80

 

1147.80

73.00 c/l decrease

 1320.00 1247.00
M93 ULP & M93 LRP 73.00 c/l decrease 1197.80 1124.80

73.00 c/l derease

 1297.00 1224.00
Diesel 0.05% 55.56 c/l decrease 1196.61 1141.05 Not controlled Not controlled  
Diesel 0.005% 55.56 c/l decrease 1202.01 1145.451 Not controlled Not controlled  
IP / Kero 58.00 c/l decrease 906.228 906.228 Not controlled Not controlled  
.  

South Africa Conrolled Product Price Change
COASTAL LIST PRICE CHANGE PUMP PRICE CHANGE

(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 (c)
& M95 LRP

73.00c/l increase

1183.80

1110.80

73.00 c/l decrease

 1283.00 1210.00
Diesel 0.05%

55.56c/l increase

 1170.01 1114.45 Not controlled Not controlled  
Diesel 0.005% 56.56c/l increase 1175.41 1118.85 Not controlled Not controlled  
IP / Kero

58.00c/l decrease

 860.328 802.328 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

2. Extraordinary items incorporated in the above changes are:

The value of the Slate Levy in respect of Petrol & Diesel will be decreased to 15.36 c/l in line with the self-adjusting slate levy mechanism rules.( a decrease of 6.56c/l)

3. 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 1 May 2013  is R11.05 (decrease of 77c/l) per litre or R8.29  per 750 Ml, in "own container" supplied.

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

4. In terms of Government Notice no. R1029 (dd 31July 2002) DME has regulated the maximum refinery gate price of LPG at R 9 104.35 per metric ton (505.29c/l) for the period 01 May 2013 to 04 June 2013.

Price Change Forecast

South Africa Controlled Product Price Forecast

South Africa Controlled Product Price Forecast
NEXT PRICE CHANGE Wednesday, 03 April, 2013
Petrols 07.00 _ 10.00 c/l   increase
Low Sulphur Diesels 0.05% 01.00 _ 04.00 c/l   increase
Ultra Low Sulphur Diesels 0.005% 01.00 _ 04.00 c/l   increase
Illuminating Paraffin 02.00 _ 05.00 c/l   increase
South Africa Controlled Product Price Forecast
Brent Crude Current $110.53 per barrel
Brent October 2012 Forecast $110  -  113 per barrel
Rand - USD exchange rate 9.088

This Price Forecast is based on information as at 08 March 2013 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.

This forecast excludes the Fuel levy and Road Accident Fund Levy as stated in his budget speech by the Minister of Finance (23c/l). A zone differential increase is also to be applied in April.