Price of diesel up by 2 cents
Enemalta Corporation has announced revisions in fuel prices effective from 1st July 2010 with diesel going up in price by 2 cents.
| Product |
Previous Price |
Revised Price |
Change |
| Unleaded |
€1.220 |
€1.220 |
No Change |
| LRP |
€1.290 |
€1.290 |
No Change |
| Diesel |
€1.040 |
€1.060 |
0.020 |
| Kerosene |
€1.040 |
€1.060 |
0.020 |
| Gasoil for heating |
€0.730 |
€0.720 |
(0.010) |
| TFO 200 |
€525.00 |
€544.00 |
€19.00 |
| TFO 450 |
€509.00 |
€532.00 |
€23.00 |
| TFO 900 |
€483.00 |
€510.00 |
€27.00 |
These revisions reflect the prices fetched by Enemalta for the latest shipments of imported fuel. The June diesel consignment was based on June Platts prices which on average were lower than the March levels on which previous revisions were based. Still diesel retail prices for July increased due to unfavourable exchange rate movements.
Since January 2010, the euro has weakened from highs of $1.4563 to lows of $1.1875 in June 2010 as seen in chart below. Such exchange rate movements have been detrimental to Enemalta’s retail product purchases.
Related Articles:
- Price of diesel goes up but no change in petrol prices
by MaltaMedia News -31 August 2009 - Fuel prices remain unchanged
by MaltaMedia News -31 May 2010 - Cheaper petrol but diesel more expensive
by MaltaMedia News -30 September 2010 - Price of diesel increase by 1c
by MaltaMedia News -31 October 2010 - Stable Petrol and Diesel prices in Enemalta revision
by MaltaMedia News -1 August 2010
