Petrol 93 octane, both ULP and LRP, will drop by 4c/l, the department said in a statement.

Both grades of diesel - 0.05 percent sulphur and 0.005 percent sulphur - would increase by 25c/l, as would the wholesale price of illuminating paraffin. The single maximum national retail price (SMNRP) for illuminating paraffin would increase by 33c/l. The maximum retail price for LPGAS would increase by 17c/kg.

The average international product prices for petrol, diesel, and illuminating paraffin increased during the period under review (August 30 - September 26). 

However, the rand appreciated against the US dollar during the period under review, on average, when compared to the previous period. The average rand/US dollar exchange rate for the period August 30 to September 26 was 14.8432 compared to 15.1729 during the previous period. 

This led to a lower contribution to the basic fuel prices on petrol, diesel, and illuminating paraffin by 16.02c/l, 17.03 c/l, and 17.22 c/l respectively, the department said.

ANA