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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 November RV Price:

The RV price payable at the end of November 2017 in respect of cane delivered in October 2017, was declared at R4 418.04 per ton. This represents a decrease of R25.32 per ton compared with the October 2017 price (for cane deliveries in September 2017). Factors that contributed to the lower RV price were the 27 527 ton increase in gross sugar production (1,975m tons vs.1,947m tons), the 17 494 ton reduction to the LMDE (1.269m tons vs. 1.286m ton) and the lower sugar:RV ratio (92.99% vs. 93.25%). The weaker weighted average R/US$ exchange rate (13.77 vs. 13.47) and the firmer weighted average No.11 world market price (US15.94c/lb vs. US15.83c/lb) were positive inputs that softened the impact of the negative variables. The gazetting of the sugar import duty of R2 131 per ton on 15 September 2017 has contributed to a drop in sugar imports in October but the large volumes imported sugar in the pipeline may mean a further delay before local market sales start to recover

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  4418.04