Subas of fuels: 3 out of 10 drivers stopped charging premium naphtha

The main reason for this decline is the steep year-over-year decline in premium naphtha, which contracted 28.8% due to successive price increases at the pump. In one year, it went from 253,000 cubic meters to 180,000. With the highest quality diesel, grade 3, the same thing happened. The decline in sales was 6.6% in the last 12 months.

The other side of the collapse is the comparison between the months, from October to September. Total sales increased 4.17%: Premiums increased by 9.28%, Super 5%, G2 diesel at 5.75% and Grade 3 at only 1%.

The latest report of the international council Overall price of gasoline (PPM) revealed that Argentine fuels were approaching the general level of world prices: USD 1.15 per liter of super. En 100 days ago, the cost of filling an average 55-liter vehicle tank rose from 47.30 USD to 62.70 USD, or 32%.

suppliers

With a cumulative price increase of more than 70% since the beginning of the year, the market continues to be dominated by YPF which already accounts for 60% of sales. Axion Energy (PAE) growing in September 10.2% year, while the oil company Shell (Raízen) down 4.3%.

Business-to-business auctions have led private firms to price. The state company kept the values ​​in line with the change in international crude and the exchange rate, but its competitors precipitated increases that were then reversed.

The barrel of Brent around 60 dollars and a dollar below 40 dollarsfar from the top of the central bank's intervention range ($ 44), the government believes that there are sufficient reasons to put an end to successive adjustments and even price deflation. "What we're seeing in recent weeks is that the combination of a stable exchange rate and an international price probably creates the conditions for some companies to lower them," he said. stressed this week Nicolás Dujovne.

"We know that there is no fuel price, there are different business decisions, some can drop and others do not, it is also different by component, because this is not the case. is not the same price for top gasoline, super gasoline or diesel, so let's see different moves, where some may go down, and maybe others will not be. "said the Minister of Finance.

On the first of December, an increase of 14% in fuel sales taxes, which is updated quarterly according to accumulated official inflation. Although this update does not have a significant impact on the final price of the products, the oil companies should add the new cost of biofuels and apply a further increase before the end of the year. According to market sources, by not transferring prices, companies as a whole have resigned over 1 billion US dollars. Although it is not yet official and despite the wishes of Dujovne, paper mills are expecting another increase in the next few days.