Source: Cheryl Kahla, The Citizen, 27 August, photo credit: Autocar India
The Central Energy Fund (CEF) has released the fuel price forecast report for September. Here’s what South Africans can expect for the month ahead.
The petrol price is expected to show a minor adjustment for September while the diesel price will decrease by more than 20 cents per litre. The paraffin price is expected to decrease by 15 cents per litre.
- In August, petrol 95 cost R18.30 per litre; expect to pay R18.19 per litre in September.
- A litre of petrol 93 cost R18.11 in August, and would cost closer to R18 in September
- While 0.05% diesel cost R15.64 in August, it is expected to drop to R15.40 in September
- 0.005 diesel cost R15.64 in August and is expected to cost R15.42 next month.
- Illuminating paraffin cost R9.60 in August; expect to pay R9.45 per litre in September.
This article initially referenced the forecast published on 25 August, and was amended to reflect the forecast published on the 26th.
Fuel prices took a knock thanks to the weakening rand and changes in international product prices, and the increase in diesel prices is due to refinement processes and product prices, as well as the rand.
The South African Pork Producers’ Organisation (SAPPO) coordinates industry interventions and collaboratively manages risks in the value chain to enable the sustainability and profitability of pork producers in South Africa.