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Public hearings on pricing strategy of Transnet National Ports Authority
The Transnet National Ports Authority (TNPA) is currently conducting public hearings and awaiting comment on its proposed new pricing strategy. This new pricing strategy holds major implications for many agribusinesses and agribusinesses are encouraged to consult the linked presentation by the Transnet National Ports Authority. The proposed tariff structure for the import and export of dry bulk items would see wheat port tariffs drop 30% from the current R26,70/ton to the proposed R18,70/ton; Agricultural products R32,90 to R18,70 (43% decline); Fertilizer from R20,50 to R18,70 (9% down); Wood chips from R11,90 to R18,70/ton (58% higher); and Maize from R17.10/ton to R18,70 (10% higher). Increases in total break bulk tariffs: The proposed tariffs would change from R57,90/ton to R112,50/ton for citrus fruit (94% increase); From R65,70/ton to R112,50 (71% increase) for rice; From R59,20 to R112,50 (90% increase) for fertilizer and From R108.90 to R112,50/ton (3% increase) for timber. Tariffs on liquid bulk items also face significant changes, with crude and petroleum products tariff increasing from R19,70/t to R36/t (82% increase); Animal and vegetable oils decreasing from R56,60/t to R36/t (36% decline); and sunflower seed oil declining from R56,50/t to R36/t (36% decline). The tariff adjustments would gradually take place from 2013/14 with the new tariff structure fully in place by 2019. |