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RV Price History

  • Final RV Price

2014/2015 Cost Breakdown

  • Farm Staff
  • Fertilizer
  • Chemicals
  • Fuels & Lubricants
  • Irrigation Costs
  • Licenses
  • Insurance
  • Mechanical Maintenance
  • Fixture Maintenance
  • Administration
  • Services
  • Sundry Items
  • Cane Transport
  • Depreciation

Subtotals: Expenditure

  • Sum of Real Farm Staff
  • Sum of Real Chemicals
  • Sum of Real Mechanical Maintenance
  • Sum of Real Fuels & Lubricants
  • Sum of Real Chemicals
  • Sum of Real Irrigation Costs
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Commentary for October RV Price:

The RV price payable at the end of October 2017 in respect of cane delivered in September 2017, was declared at R4 443.36 per ton. This represents an increase of R4.64 per ton compared with the September 2017 price (for cane deliveries in August 2017). Factors that positively influenced the RV price increase were the 22 233 ton drop in gross sugar production (1,947m tons vs. 1,970m tons) and the weaker weighted average R/US$ exchange rate (13.47 vs. 13.170). Despite the negative impact of the 39 380 ton reduction to the LMDE (1.286m ton vs. 1.326m tons), lower sugar:RV ratio (93.25% vs. 93.51%) and the lower weighted average No.11 world market price (US13.47c/lb vs. US13.17c/lb), the net effect was an increase of  R4.64 to the RV price. Although the gazetting of the sugar import duty of R2 131 per ton on 15 September 2017 was considered welcome relief for the industry, it is evident from the flurry of imported sugar in August and September that there is likely to be a time lag of at least a month before the full benefit of the increased duty is seen in the market.

RV price history 2000-2001 to current

Season Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Final
2000/01 999.66 1 033.68 1 049.86 1 058.62 1 068.47 1 072.64 1 082.51 1 075.25 1 079.16 1 087.71 1 085.34 1 105.00
2001/02 1 238.12 1 267.93 1 281.49 1 295.69 1 284.42 1 303.21 1 310.68 1 323.61 1 333.02 1 335.16 1 353.78 1 352.14
2002/03 1 333.98 1 327.25 1 321.13 1 368.52 1 383.32 1 390.76 1 391.97 1 363.79 1 348.54 1 359.15 1 358.14 1 368.79
2003/04 1 440.33 1 428.72 1 431.64 1 428.44 1 433.93 1 429.29 1 410.23 1 363.45 1 353.09 1 347.82 1 350.10 1 357.01
2004/05 1 240.93 1 245.27 1 259.81 1 275.85 1 278.47 1 290.80 1 300.96 1 298.04 1 290.07 1 290.27 1 296.99 1 297.19
2005/06 1 282.93 1 297.76 1 331.74 1 349.18 1 347.80 1 357.14 1 368.53 1 371.40 1 372.74 1 370.40 1 382.13 1 389.80
2006/07 1 664.04 1 669.99 1 665.30 1 714.17 1 667.70 1 659.99 1 653.52 1 694.21 1 701.73 1 702.06 1 701.90 1 701.86
2007/08 1 608.04 1 563.41 1 560.43 1 574.80 1 583.12 1 641.86 1 655.87 1 660.07 1 676.97 1 691.12 1 700.98 1 701.90
2008/09 1 795.27 1 756.71 1 757.47 1 909.49 1 918.48 1 921.68 1 952.46 1 967.75 1 979.33 1 975.18 1 976.40 2 011.18
2009/10 2 194.07 2 257.76 2 225.92 2 273.46 2 337.35 2 270.39 2 260.72 2 260.75 2 258.96 2 244.37 2 251.81 2 284.20
2010/11 2 480.76 2 465.32 2 496.75 2 535.58 2 549.99 2 569.55 2 569.55 2 568.37 2 565.71 2 554.55 2 550.20 2 572.14
2011/12 2 842.95 2 817.05 2 844.23 2 915.34 2 897.00 3 005.31 3 015.01 3 012.45 2 995.41 2 993.58 2 975.03 3 017.51
2012/13 3 174.12 3 126.74 3 139.67 3 168.83 3 156.99 3 156.57 3 171.85 3 160.59 3 163.78 3 158.58 3 155.20 3 197.32
2013/14 3 077.94 3 048.07 3 064.47 3 080.93 3 083.80 3 083.80 3 090.67 3 099.15 3 091.52 3 080.03 3 081.99 3 137.87
2014/15 3 299.07 3 338.58 3 337.56 3 330.46 3 300.12 3 274.31 3 374.04 3 384.28 3 377.68 3 358.02 3 359.21 3 437.97
2015/16 3 841.70 3 852.53 3 867.41 3 833.07 3 825.77 3 805.26 3 813.75 3 807.71 3 800.96 3 820.81 3 813.58 3 979.22
2016/17 4 446.08 4 423.46 4 399.57 4 438.71 5 041.76 4 995.63 4 960.67 4 923.61 4 911.49 4 875.57 4 853.84 4 931.91
2017/18 4 754.70 4 702.60 4 528.94 4 470.28  4 449.58  4438.72  4443.36