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Posts Tagged ‘price’
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May 10, 2019

Hefty rise in petrol price for May

Diesel 0.05 percent sulphur will increase by 1c/l, while the price of diesel 0.005 percent sulphur would remain unchanged, the department said in a statement on Sunday.

The wholesale price of illuminating paraffin would increase by 3c/l and the single maximum national retail price (SMNRP) of illuminating paraffin would increase by 4c/l. The maximum retail price for LPGas would increase by 84c/kg.

In a later statement on Sunday, Energy Minister Jeff Radebe said the main reasons for the increased fuel prices were that the rand on average had strengthened slightly against the US dollar from 14.3871 to 14.1401 rand per dollar. The settling of contagion risks from emerging [...]

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