AGRICULTURAL NEWS - This is the view of TAU SA in response to news that the price of diesel could increase yet further in November 2017, rising 2% above that of October.
Wandile Sihlobo, Agbiz’s head of agribusiness research, reported recently that the inland wholesale price of 0,05% sulphur content diesel could increase by 21c/l to R12,33/l on 1 November.
This would be the fourth consecutive monthly increase in South Africa’s fuel price.
Corné Louw, senior economist on production inputs at Grain SA, said that, by comparison, South Africa’s diesel price in November last year had been R11,35/litre.
