CURRENT FAF RATE

the fluctuation of fuel prices impacts our monthly operating costs.

Due to these fluctuations, Tomoana Warehousing Ltd calculates a monthly FAF (Fuel Adjustment Factor).  Our FAF percentage will be updated and published on this page each month, and is effective on the 1st of the month.

 

FaF Percentage 

 

May 2022         20.04%

April 2022

24.05%

March 2022 

18.44%

February 2022

15.75%
January 2022 15.66%
December 2021 16.20%

How do we calculate our monthly FAF rate?

Every month we monitor the national average diesel price which can be found here. On this page is a download of a weekly table which includes a column for ‘Diesel_discounted_retail price_NZ.c.p.l’.

To calculate our FAF rate for the coming month, we simply take the last 4 weeks average of the above column (as at the last Tuesday of each month). This average is then benchmarked against a value of $1.00.00 and for every $0.01 over this threshold a FAF rate of 0.2% is calculated.

This FAF rate remains in place for the coming month until the last Tuesday when the rate for the following month is calculated again.

If you would like a more detailed breakdown of how this works please don’t hesitate to contact us.

 

LATEST FAF RATE SIGN UP

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