Fuel sales decline for second consecutive month – 29/11/2018

For the second consecutive month, fuel sales were down one year on the other. They fell 2.8% in October. However, they recovered 4.1% from September, according to the survey conducted by the Ministry of Energy.

According to official data, sales of gasoline and diesel to the public decreased in the year-over-year badysis, due to the sharp drop in demand for higher quality products.

The most affected gasoline is precisely the most expensive grade 3 gasoline with a decline in sales of 28.8% compared to October 2017, while those of premium diesel decreased by 6.6%.

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In turn, the demand for super naphtha, whose price has a difference of more than 5 pesos with the highest octane, It increased by 9%, which has been interpreted by vending machines as a trend "premium" fuel replacement.

At the same time, the rebound in October compared to September, which, according to a private badysis, reflects a temporary recovery, is based on the higher requirements of "premium" gasoline (9 , 2%), while diesel sales climbed 5.7%. , 5% super naphtha and 1% G3 diesel.

According to private operators, the sector's behavior reflects a certain rigidity of demand, despite the fact that the increase in average fuel prices has exceeded 65% since the beginning of the year.

With regard to the participation of suppliers in the market, the leader of YPF maintained its position, while Axion Energy improved its performance, recording a 10.2% increase in the volumes marketed in the service stations, while that Shell has shrunk 4, 3%.