Press Releases

South Africa controlled product price forecast

July 2010
source: Freight Into Africa.

Dear Readers,
Herewith please find the latest proposed fuel price forecast for July 2010 courtesy of the Shell SA (Pty) Ltd.

FUEL PRICES
Price Change Forecast

South Africa Controlled Product Price Forecast
Next Price Change :   Wednesday 14 July 2010

Petrols	17.00 _ 20.00 c/l   decrease
Low Sulphur Diesel 0.05%	17.00 _ 20.00 c/l   decrease
Ultra Low Sulphur Diesel 0.005%	16.00 _ 19.00 c/l   decrease
Illuminating Paraffin	15.00 _ 18.00 c/l   decrease

Brent Crude	$75.81 per barrel
Brent Jan 2010 forecast	$72 _ 76 per barrel
Rand - US $ exchange	7.66

This Price Forecast is based on information as at 15 June 2010 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.

Unless specifically stated this forecast excludes extraordinary changes requiring Ministerial approval (eg. margins, taxes etc.).  

Please note these proposed price changes are for South African consumers only and we are not in a position to advise how this will effect the export price of Fuel to neighboring states, it is therefore suggested that foreign importers of fuel from South Africa make direct contact with their suppliers for more information.

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