burden of increasing petrol prices doesn’t seem to be taking its foot off the pedal.
as unexpected strong international fuel prices have raised the spectre of an
unwelcome fuel price hike for petrol users at the end of April.
is expected to rise by 56 cents a litre in May, reaching R16.68 per litre for 95
is according to the unaudited mid-month fuel price data released by the Central
current data suggests that petrol may increase by 56 cents a litre at the end
of April, while diesel is showing a reduction of five cents and illuminating
paraffin down by a cent.
international product price of diesel climbed somewhat in the first half of
April, while petrol has made a substantial jump.
smaller increase is likely due to variations in international refining
capacity, as well as the approaching end of the Northern Hemisphere winter when
demand for diesel fuels for use in peaking power plants and as a heating fuel
diminishes,” Automobile Association said.
Rand has appreciated quite strongly against the US dollar since the end of
March, with the daily exchange rate used for fuel price calculations rising
from over R14.60 to the dollar on 31 March to under R14 currently.
association said petrol users are in for a shock, while price stability in
illuminating paraffin is welcome as South Africa heads into its own winter,
during which many households will be using paraffin as a heating fuel.