Weekly Petrol Prices Report - Australia
6
AUSTRALIAN RETAIL MARKET TRENDS
FIGURE 5: COMPARISON OF AUS TRALIAN PUMP PRICE WITH AUSTRALIAN TGP
Average Retail Price versus Avera ge Wholesale Price
70
90
110
130
150
170
26/10/2012 26/01/2013 26/04/2013 26/07/2013 26/10/2013 26/01/2014 26/04/2014 26/07/2014 26/10/2014
N at ional Av erage U LP T GP (W holesale) N at ional Av erage U LP Pum p (Ret ail)
Cents per litre ($A)
FIGURE 6: DIFFERENCE BETWE EN MARKET PRICES
Australian Average Retail Price minus Average Wholesale Price
-2
0
2
4
6
8
10
12
14
16
18
20
26/10/2012 26/01/2013 26/04/2013 26/07/2013 26/10/2013 26/01/2014 26/04/2014 26/07/2014 26/10/2014
Dif ferenc e / Margin Period Average
Cents per l itre ($A)
Wholesale: TGP ULP (National Average)
C ents per l itre
(A$)
Retail: Pump Price ULP (National Average)
Cents per litre
(A$)
Average: Last Week (to Friday 24/10/14) 131.8 Average: Last Week (to Sunday 26/10/14) 149.6
Average: Last Week (to Friday 17/10/14) 136.0 Average: Last Week (to Sunday 19/10/14) 149.0
Average: Last 4 Weeks 136.6 Average: Last 4 Weeks 146.8
Average: Last 12 Weeks 136.5 Average: Last 12 Weeks 146.8
Average: Last 12 Months 141.7 Average: Last 12 Months 151.4
PLEASE NOTE
(1) The data for retail petrol prices is based on available market data supplied by MotorMouth (see www.motormouth.com.au).
(2) There is a time lag between changes in Australian wholesal e (TGP) petrol prices and the change i n retail petrol prices which
needs to be taken into account when comparing relative pr ice movements. According to the ACC C, this time lag can be longer
during times of significant volatility in international and whol esale petrol pri c es.
(3) Differences /margins between market prices or bench mar ks are used as indicators of general trends in the petroleum market,
they do no t represent prof its accrui ng to oil companies at the refining, wholes ale or retail segments of the market. For each
market segment, a range of costs would need to be deducted to deter mine actual profits. For example at the retail level, a
range of standard retailing costs would need to be deducted to determine actual profits. These costs include:
land transport costs (of getting fuel from the terminal gate to the petrol bowser)
administration and retail marketing costs
the costs of running service stations like wages, rent and utilities
corporate taxes and oth er government charges on retaili ng activities
Page 6/8
Free Download
Weekly Petrol Prices Report - Australia PDF
Favor this template? Just fancy it by voting!
(0 Votes)
0.0
Related Forms
