Fuel prices in Fiji are set to rise starting tomorrow, January 13, as confirmed by the Fiji Competition and Consumer Commission (FCCC). The adjustments come amidst fluctuations in international fuel markets and local economic conditions, impacting essential fuels.
Beginning tomorrow, kerosene prices will increase by four cents, bringing the price to $1.78 per liter. Similarly, diesel will also see a four-cent hike, bringing its new price to $2.31 per liter. In contrast, prices for motor spirit and premix will remain steady at $2.67 and $2.51 per liter, respectively.
The new gas prices will be as follows:
– 4.5 kg gas cylinder: $15.53 (up 18 cents)
– 12 kg gas cylinder: $41.42 (up 50 cents)
– Bulk gas: $3.20/kg (up four cents)
– Autogas: $2.25/liter (up three cents)
The increases in kerosene and diesel are primarily attributed to unfavorable movements in the international refined fuel prices, compounded by a stronger U.S. dollar against the Fijian currency. However, positive trends such as decreases in international freight rates have somewhat diminished the impact on gas prices. Notably, the rising costs of gas have been driven by increases in butane contract prices.
These price adjustments are a reminder of the economic pressures faced by households. However, they also offer an opportunity for consumers to consider energy-efficient practices or alternative energy solutions. A shift towards renewable energy sources could not only help manage rising costs but also foster sustainability within the community.
In summary, while the increase in fuel prices poses challenges for consumers, it may also encourage a more conscious approach to energy usage, paving the way for innovative and sustainable energy practices in Fiji.
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