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The Pricing Structure for Petrol, Diesel and IP

September 2014 petrol price
fuel price

COMPOSITION OF THE RETAIL PRICE OF PETROL AND THE WHOLESALE PRICES FOR DIESEL AND IP IN GAUTENG FOR THE PERIOD 03/09/2014 TO 30/09/2014 WILL BE AS FOLLOWS:

 
GAUTENG FUEL PRICE 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) 786.750 771.750 818.630 824.030 821.128
Wholesale margin 31.000 31.000 61.200 61.200 61.200
Service cost recoveries 28.800 28.800 28.800 28.800 36.200
Storage, handling & delivery costs 28.800 28.800 28.800 28.800 28.800
Distribution cost         7.400
Dealers margin       (*) 143.300 143.300      
Zone differential in Gauteng 33.100 33.100 33.100
33.100
52.700
IP Tracer levy                            0.010 0.010  
Fuel levy 224.500 224.500 209.500 209.500  
Slate levy 0.000 0.000
0.000
0.000
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 104.000 104.000 104.000 104.000  
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 0.000 0.000 0.000 0.000  
Sub-total 578.850 568.850
440.760 440.760
150.100
Retail price 1,366.00 1,341.00      
Wholesale price 1,222.70 1,197.70 1,259.390 1,264.790 971.228

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 October 01, 2014

 

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) 5.000 c/l decrease
1222.7
1217.7

5.000 c/l decrease

1366.00 1361.00
M93 ULP & M93 LRP 2.000 c/l decrease
1197.7
1199.7 2.000 c/l decrease
1341.00
1343.00
Diesel 0.05% 13.000 c/l decrease
1259.39
1246.39
Not controlled
Not controlled
 
Diesel 0.005% 13.000 c/l decrease
1264.79
1251.79 Not controlled
Not controlled
 
IP / Kero 14.00 c/l decrease
 971.228 957.228 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

5.000 c/l decrease

1181.70

1176.70

5.000 c/l decrease

1325.00 1320.00
Diesel 0.05%

13.000 c/l decrease

1228.79
1215.79 Not controlled Not controlled  
Diesel 0.005% 13.000 c/l decrease
1234.19
1221.19 Not controlled Not controlled  
IP / Kero

14.00 c/l decrease

921.028 907.028 Not controlled Not controlled  
  • Price change valid throughout RSA for RETAIL customers, the Commercial Price for Petrol will be distributed in a separate note.
  • Petrol List and Pump prices above refer to Retail customers.

The average Rand /US Dollar exchange rate weakened when compared to the previous period. The average Rand/US Dollar exchange rate for the period 29 August 2014 to 25 September 2014 was 10.9149 compared to 10.6781 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 17.18 c/l, 17.56 c/l and 17.56 c/l respectively.

SLATE LEVY

In line with the Self-Adjusting Slate Levy Mechanism Rules the Slate levy on petrol and diesel will remain zero with effect from 01 October 2014.

South Africa Controlled Product Price Forecast

South Africa Controlled Product Price Forecast
NEXT PRICE CHANGE Wednesday 01 October 2014
Petrols 6.00 _ 9.00 c/l decrease
Low Sulphur Diesels 0.05% 9.00 _ 11.00 c/l decrease
Ultra Low Sulphur Diesels 0.005% 10.00 _ 12.00 c/l decrease
Illuminating Paraffin 12.00 _ 14.00 c/l decrease
South Africa Controlled Product Price Forecast
Brent Crude Current -
Brent Sptember 2014 Forecast -
Rand - USD exchange rate -

This Price Forecast is based on information as at 16 September 2014 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.