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Jaarverslag 2018
annual report 2018
Gedurende die oorsigtydperk het die wisselkoers met 12,2%
verswak. Die effek van ’n swakker wisselkoers vanaf R13,16/$ in
September 2017 tot R14,76/$ in September 2018 het veroorsaak dat
internasionale pryse nog verder in rand-waarde styg.
Tabel 2
dui
internasionale kunsmispryse in rand-terme aan, wat die uitwerking van
die swakker wisselkoers op prysverhogings toon.
Fertiliser
Kunsmis
September 2017
(R/ton)
September 2018
(R/ton)
% change
% verandering
Ammonia (Middle East)
/
Ammoniak (Midde-Ooste)
3 237
5 156
+59
Urea (46) (Eastern Europe)
/
Ureum (46) (Oos-Europa)
3 119
4 010
+29
DAP (USA Gulf)
/
DAP (VSA Golf)
4 461
6 434
+44
KCL (CIS)
3 096
3 819
+23
Fertiliser
Kunsmis
September 2017
(R/ton)
September 2018
(R/ton)
% change
% verandering
LAN (28)
/
KAN (28)
4 744
5 742
+21,0
Urea (46)
/
Ureum (46)
5 228
6 953
+33,0
MAP
8 254
9 398
+13,9
KCL
/
KCl
6 179
6 979
+12,9
International fertiliser prices in rand terms
Internasionale kunsmispryse in rand-terme
Local fertiliser prices
Plaaslike kunsmispryse
2
3
Suid-Afrika voer meer as 80% van sy kunsmisbehoeftes in, dus
word daar verwag dat plaaslike en internasionale pryse ’n ooreen
stemmende tendens sal volg. Plaaslike kunsmisprysbewegings word
hoofsaaklik deur internasionale kunsmispryse, asook die waarde van
die rand beïnvloed.
Plaaslike kunsmispryse tussen September 2017 en September 2018
dui ook op ’n beduidende styging.
Grafiek 3
hiernaas toon die op
waartse tendens in internasionale kunsmispryse oor die afgelope
jaar (die vertikale blou lyn).
Grafiek 4
toon die kunsmisprysindeks vergeleke met die
mielieprysindeks sedert die 1985/1986-produksieseisoen. Teen ’n
Local fertiliser prices
Plaaslike kunsmispryse
01/2010
04/2010
07/2010
10/2010
01/2011
04/2011
07/2011
10/2011
01/2012
04/2012
07/2012
10/2012
01/2013
04/2013
07/2013
10/2013
01/2014
04/2014
07/2014
10/2014
01/2015
04/2015
07/2015
10/2015
01/2016
04/2016
07/2016
10/2016
01/2017
04/2017
07/2017
10/2017
01/2018
04/2018
07/2018
MAP
LAN (28)
KAN (28)
Urea (46)
Ureum (46)
Potassium chloride (granular)
Kaliumchloried (grof)
3
R/ton
During the period under review, the exchange rate weakened
by 12,2%. The effect of a weaker exchange rate from R13,16/$
in September 2017 to R14,76/$ in September 2018 has caused
international prices to increase even more in rand value.
Table 2
indicates international fertiliser prices in rand terms, which shows
the effect of the weaker exchange rate on price increases.
South Africa imports more than 80% of its fertiliser needs;
therefore, local and international prices are expected to follow a
similar trend. Local fertiliser price movements are mainly influenced
by international fertiliser prices, as well as the value of the rand.
Local fertiliser prices between September 2017 and September 2018
also indicate a significant increase in prices.
Graph 3
below indicates
the upward trend in international fertiliser prices over the past year
(evident from the vertical blue line).
Graph 4
shows the fertiliser price index, compared to the maize
price index since the 1985/1986 production season. At an estimated
11 000
10 000
9 000
8 000
7 000
6 000
5 000
4 000
3 000