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October 7, 2026 fuel adjustment likely to set record petrol and diesel prices in South Africa

On 7 October 2026 South Africa’s monthly fuel-price adjustment is expected to produce record inland petrol and wholesale diesel levels, with mid-September Central Energy Fund projections pointing to diesel near R32/litre and 95 petrol above the June record, raising near-term inflation and fiscal slate pressures.

On 7 October 2026 South Africa’s monthly fuel-price adjustment is expected to produce record inland petrol and wholesale diesel levels, with mid-September Central Energy Fund projections pointing to diesel near R32/litre and 95 petrol above the June record, raising near-term inflation and fiscal slate pressures.

If DMPR’s October adjustment aligns with CEF mid‑September projections, higher import-parity product costs (driven by Brent >$100 and widening refining margins) will directly lift pump and wholesale diesel prices. That raises CPI risk, increases transport operating costs for freight and taxis, and can enlarge the slate under-recovery that feeds fiscal pressure — with spillovers to sovereign funding needs if deficits widen.

DMPR publishes the official October price schedule in the final days of September ahead of 7 October implementation.

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Price Discovery

South Africa sovereign curve

Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.

12 priced bonds
8.25%7.39%6.53%5.67%4.82%20272033204020462052Soaf 27 · Sept 2027 · 5.269%Soaf 28 · Oct 2028 · 5.527%Soaf 29 · Sept 2029 · 5.694%Soaf 30 · Jun 2030 · 5.872%Soaf 32 · Apr 2032 · 5.997%Soaf 41 · Mar 2041 · 7.344%Soaf 44 · Jul 2044 · 7.509%Soaf 46 · Oct 2046 · 7.631%Soaf 47 · Sept 2047 · 7.683%Soaf 48 · Jun 2048 · 7.710%Soaf 49 · Sept 2049 · 7.717%Soaf 52 · Apr 2052 · 7.794%
Move across the curve to inspect a bondAs of
BondMid pxYield
  • Soaf 27Sept 202799.6255.269%
  • Soaf 28Oct 202897.7505.527%
  • Soaf 29Sept 202997.7505.694%
  • Soaf 30Jun 2030100.0005.872%
  • Soaf 32Apr 203299.4385.997%
  • Soaf 41Mar 204190.3757.344%
  • Soaf 44Jul 204479.2507.509%
  • Soaf 46Oct 204673.2507.631%
  • Soaf 47Sept 204779.0007.683%
  • Soaf 48Jun 204885.2507.710%
  • Soaf 49Sept 204979.0007.717%
  • Soaf 52Apr 205294.5637.794%

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