31/05/2026
The Fijian Competition and Consumer Commission (FCCC) wishes to inform all Fijians of the revised fuel prices effective from Monday, 1 June 2026, following the latest review of international refined fuel prices (MOPS), freight rates and exchange rate movements.
FCCC acknowledges the concerns of consumers and businesses regarding the continued rise in fuel prices. The June 2026 adjustment reflects unprecedented volatility in international fuel markets over the past two months, driven by global forces beyond Fiji's control.
In setting the new prices, FCCC took deliberate steps to protect vulnerable consumers and those most exposed to these increases. The products that vulnerable households, outer-island communities and maritime users depend on most were cushioned the most.
As can be seen in Schedule 1 for example, Kerosene rises by only 14 cents and premix by 29 cents per litre, while petrol and diesel rise by around 80 cents. FCCC phased the adjustment over successive reviews to avoid a sudden price shock from, moderating over time rather than passing the impact of sharp international fuel cost increases through to consumers and businesses in a single adjustment.
Even with these measures in place, global market conditions continue to push prices upward. As a result, fuel prices in Fiji have now reached their highest recorded levels, driven by sustained increases in international refined fuel prices, freight costs and exchange rate movements.
This measured and progressive approach in our recent assessments also helped keep fuel supplies available throughout Fiji during a period of major international disruption, while balancing the interests of consumers, businesses and national fuel security in Fiji.
The fuel pricing review continues to be based on established regulatory assessment parameters, including the Means of Platts Singapore (MOPS) benchmark movements, foreign exchange fluctuations and international freight rates movements. These factors remain the key determinants of regulated fuel prices in Fiji.
At this time, maintaining a continuous and sustainable fuel supply across Fiji remains a national priority. In the current global environment, fuel importers may be required to procure fuel at elevated international prices in order to maintain continuity of supply. These higher procurement costs ultimately influence domestic fuel prices.
The FCCC continues to closely monitor international fuel market developments. While some international indicators suggest easing price pressures, market conditions remain highly sensitive to global geopolitical and economic developments.
𝐅𝐮𝐞𝐥 𝐏𝐫𝐢𝐜𝐞 𝐂𝐡𝐚𝐧𝐠𝐞 𝐅𝐚𝐜𝐭𝐨𝐫𝐬
The summary movement of the specific refined fuel product includes the increase in refined fuel cost coupled with the impact of the increasing freight costs resulting to an overall impact by product; motor spirit by 33%, diesel by 20.19% and kerosene by 7.15% while exchange rate impact is minimal.
𝐖𝐨𝐫𝐥𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭
According to OPEC, the crude prices rose were mixed and remained highly volatile over April 2026. Light sweet benchmarks Brent and WTI averaged higher, m-o-m, in April 2026 while medium sour benchmark Dubai averaged lower during the same period. Light sweet benchmarks rose sharply early in the month amid firm demand for available barrels in the spot market and supply disruption in the Middle East, while refiners tend to increase throughout ahead of the start of the holiday driving season.
Crude oil futures prices were higher on average in April 2026 compared to the previous month, but remained highly volatile due to ongoing geopolitical uncertainty, supply concerns, and changing trade flows. Early in the month, prices were supported by fears over Middle East export disruptions and shipping risks, which increased market risk premiums. However, prices fell in the second week after reports indicated improving shipping activity and easing regional tensions, reducing immediate supply concerns.
A significant increase in US crude inventories, reported by the EIA, also placed downward pressure on prices. In the latter half of April 2026, oil futures recovered as geopolitical uncertainty resurfaced and disruptions to oil trade flows continued, while physical supply conditions remained tight. These global factors contributed to the changes in local refined fuel prices in Fiji effective 1 June 2026.
𝐋𝐏𝐆 𝐏𝐫𝐢𝐜𝐞 𝐂𝐡𝐚𝐧𝐠𝐞 𝐅𝐚𝐜𝐭𝐨𝐫𝐬
The major reasons for the increase noted in the prices for cylinder products, Bulk and Autogas, the Butane CP increased from USD540/tonne to USD800/tonne, international freight rate increased by USD22.51/tonne on average when compared to the last review in USD. The exchange rate weakened by 0.2296% on average when compared to the last review. The increase in the contract prices for Butane and the increase in international freight rate in April 2026, outweighed the favourable movement of the exchange rate, leading to an increase in LPG Cylinder Prices, Bulk and Autogas in the Fijian market for June 2026.
𝐖𝐨𝐫𝐥𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐚𝐬𝐨𝐧𝐬
Saudi Aramco’s CP sets the official prices for propane and butane exported under term contracts from the Saudi ports of Yanbu, Ras Tanura and Ju’aymah. Because of this, the market closely monitors the CP, as it establishes a reference price level for most LPG markets east of the Suez Canal. The FCCC uses the LPG/Saudi CP together with the monthly average international freight and average foreign exchange rate to estimate domestic LPG price adjustments.
LPG prices in the Middle East climbed to new multi-year highs at the close of the Asian market on March 31, after Saudi Aramco announced its April contract prices at $750 per metric tonne for propane and $800 per metric tonne for butane. Continued disruptions in the Middle East are expected to further restrict LPG supply in Asia for the week ending April 3, with Chinese buyers likely to feel the greatest impact.
In the West Mediterranean, supply conditions remain uncertain due to the ongoing Middle East conflict. Although warmer temperatures are lowering heating and household demand across North Africa, US cargoes are being diverted to Asia, tightening European supply. The continued closure of the Strait of Hormuz is adding further pressure.
These international market forces impacted the price of Butane and Propane Contract Price in April 2026, ultimately affecting the domestic LPG products prices in Fiji in June 2026.
Enforcement and Compliance
As part of the FCCC’s enforcement and compliance of fuel and LPG prices, our Enforcement Team will conduct inspections at wholesale / retail outlets and service stations to ensure authorised prices of Petroleum and LPG products comply with the allowable maximum prices. The following FCCC officers will conduct inspections in various divisions:
The Central team can be reached via mobile phone number 8921991 or 9988917 for Nausori residents. The Western Team can be reached via mobile phone number 8911623 or 9982437 for Sigatoka residents. The Northern Team can be reached via mobile phone number 8911624.
The prices issued by FCCC are maximum wholesale and retail prices, and the wholesalers and retailers can sell the Refined Fuel and LPG products at the maximum wholesale and retail prices or below the authorised prices. The FCCC inspectors will continue to conduct checks during the coming weeks to ensure ongoing compliance.
-Ends-
