02 Jun 2016
LEINSTER RECORDS HIGHEST INCREASE IN DIESEL PRICE AS NATIONAL PRICE HITS 61 CENT PER LITRE – IFAEnvironment & Rural Affairs, Inputs
IFA’s Inputs Project Team Chairman John Coughlan has challenged fuel suppliers to review their existing pricing structure, with IFA’s most recent fuel price survey showing a substantial increase in fuel prices across the country.
Commenting on the latest quarterly fuel price survey John Coughlan said, “The 20% fall in fuel prices reported in the previous survey has been completely wiped out, with agricultural diesel now costing on average 61.47 cent per litre. Diesel prices in Leinster rose by 25% this quarter to an average of 62.47 cent per litre and farmers in Longford are paying 64 cent per litre.
The average diesel price increase in the other provinces ranged from 14% in Connacht to 18% in Munster and Ulster. Farmers in counties including Limerick, Clare, Waterford Galway, Leitrim, Roscommon and Sligo are all now paying more than 60 cent per litre for agricultural diesel.
At this time of falling farm incomes, farmers must now more than ever challenge suppliers to explain the huge variation in fuel prices and question if excessive price taking is occurring, John Coughlan urged.
The quarterly fuel price survey is also reporting an 11% increase in car diesel price, with farmers now paying an average price of 113.64 cent per litre; and an increase in the price of kerosene this quarter by 19% to 55.94 cent per litre.
Full details of this and more IFA input cost surveys are available on the IFA’s iFarm app by clicking on the “Input prices” section.
All prices are quoted include VAT.
|Region Prices (c/litre)||Agricultural Diesel||Car Diesel||Kerosene|