Imports at their highest level in history

Sudden declines in the crude process and the production of petroleum products, as well as the mandate to generate value in the refining activities of Petróleos Mexicanos (Pemex) led the country to reach its highest level. imports of gasoline. in history: 75.6% of demand between January and May 2018, which in turn requires to depend more and more on the volatility of international prices, with which ordinary gasoline has become more dear than 10% so far this year for consumers

The average daily import volume of Magna and Premium essences in the first five months of the year is high at 591,018 barrels per day, an increase of 15% over the same period. The same period last year, which is 81 348 additional barrels per day on average.

Compared to what Pemex imported 10 years ago, so far this year it has bought abroad, mainly e in the United States, 83% more gasoline. The volume in which these purchases have increased is 268,589 barrels per day over 10 years, equivalent to 43% of current imports.

Same demand

Meanwhile, the national demand for gasoline remained at the same levels or even declined at certain times compared to previous data. For example, from January to May 2018, national consumption of gasoline was 781,526 barrels per day, 2.1% more than the same period of the previous year. In 2016, a higher volume was reported: 807 481 barrels per day, after which in 2012 it also reached maximum levels of 800 170 barrels per day. Pemex 's domestic gasoline sales in the first five months of the year are still lower by 4,872 barrels a day than the average reported by the state ten years ago.

The country has gone from 41% gasoline to the country. January to May 2008, at the current level of 34.6 percentage points. Unlike last year's imports, so far this year were more than 10 percentage points higher in relation to demand. As of 2015, Pemex started to import more than half of its domestic sales

In the same way as oil prices, reference prices come from different US markets and represent more than half of the final price. they have not slowed their increases, and compared to December 2017 increased by 15% for consumers in the neighboring country to the north, which explains the price increases in Mexico, given the current public policy for its determination and high levels of imports from our country.

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