Lentswe, Klerksdorp - South African motorists have enjoyed five consecutive months of fuel price decreases this year, offering significant relief to both consumers and businesses. While November brought the first increase in half a year, the latest adjustments, effective from midnight on Tuesday December 3, reflect broader market trends but are hopefully temporary.
Henry van der Merwe, chairperson of the South African Petroleum Retailers Association (SAPRA), stated: “This is only the second increase following an extended period of price stability. While not ideal, we are optimistic that the market will correct again soon, bringing relief to motorists as we move forward.”
Fuel Price Adjustments for December:
- Petrol 93 ULP & LRP: 17 cents per litre increase in retail price.
- Petrol 95 ULP & LRP: 17 cents per litre increase in retail price.
- Diesel 0,05% Sulphur: 54.88 cents per litre increase in wholesale price.
- Diesel 0,005% Sulphur: 55.88 cents per litre increase in wholesale price.
- Illuminating Paraffin: 48.88 cents per litre increase in wholesale price, 66.00 cents per litre increase in the Single Maximum National Retail Price (SMNRP).
- LPG: 172 cents per kilogram increase in maximum Retail Price.
A litre of 95 Unleaded petrol will now cost R21.47, where 93 Unleaded will be pegged at R21.15. The wholesale price of 50ppm diesel now rises to R19.33 per litre.
Van der Merwe added: “SAPRA is committed to supporting motorists and businesses during times of fluctuation and encourages careful budgeting as we approach the festive season.
“Fuel price adjustments reflect a complex interplay of global oil prices and currency factors, and we remain hopeful for a return to stability.”
“While this increase may create some short-term challenges, SAPRA will continue advocating for transparency and affordability on behalf of retailers and consumers alike.”
