The Fijian Competition and Consumer Commission (FCCC) has determined the new regulated prices of Unleaded Petrol, Premix, Kerosene, Diesel and LPG for November 2021.

The new Fuel and LPG prices comes into effect from Monday, 1 November 2021 and are as follows:

Retail Fuel Prices

• Motor Spirit from $2.49 to $2.53 per litre, an increase of 4 cents per litre;
• Premix from $2.11 to $2.14 per litre, an increase of 3 cents per litre;
• Kerosene from $1.55 to $1.57 per litre, an increase of 2 cents per litre; and
• Diesel from $2.04 to $2.10 per litre, an increase of 6 cents per litre.

Retail LPG Prices

• 4.5kg Cylinder from $16.07 to $16.86, an increase of 79 cents per 4.5kg Cylinder;
• 12kg Cylinder from $42.84 to $44.96, an increase of $2.12 per 12kg Cylinder;
• 13kg Cylinder from $46.41 to $48.71, an increase of $2.30 per 13kg Cylinder;
• Bulk Gas* from $3.03 to $3.18, an increase of 15 cents per kg; and
• Autogas from $2.03 to $2.13, an increase of 10 cents per litre.

*Note: Bulk Gas price is Wholesale VAT Exclusive Price (VEP), while all other prices for Fuel and LPG products stated above is Retail VAT Inclusive Price (VIP).

The Fuel and LPG price review implemented by FCCC follows a one-month lag period, as such the November 2021 Fuel and LPG prices are based on the importations made in September 2021 by Fuel and LPG Companies.

FCCC has used average Saudi Aramco Butane Contract Price (CP) for September and October 2021 to determine the LPG price for November 2021.

Fuel Price Change Reasons

Fuel price in Fiji is impacted by the movement of Means of Platts Singapore (MOPS), the international freight rate and the exchange rate.

The fluctuations noted in the local fuel prices for November 2021 are due to unfavourable movements noted in the international prices for Motor and Diesel, while favourable movement was noted in the international price for kerosene and unfavourable movement in the international freight rate.

These fluctuations in refined oil prices and international freight were further supported by strengthening of the USD against the Fijian dollar based on September 2021 imports.

Feedback: adi.sovasiga@fijisun.com.fj