RV Price Commentary January 2026

The tenth provisional RV Price for the 2025/26 season, has been declared at R7 013.48 per RV ton. This represents a considerable decline of R189.16 per RV ton, compared to the previous RV price estimate. The lower RV Price estimate is primarily due to a decrease in the local market demand estimate (1.347m vs 1.411m). Other negative RV Price factors include a weaker season weighted-average estimated No. 11 world sugar price (US16.21c/lb. vs US16.49c/lb.) and a stronger weighted average Rand per US Dollar exchange rate (R17.25/$US vs R17.63/$US).  Positive price factors include a R30m decrease to the regional rebates budget and a R17m reduction to the Industry Costs budget.