Due to high prices, naphtha sales fell 3.5% in January


The sale of fuels occurred in January a decrease of 3.5% in relation to the same period of 2018, which reached the fifth consecutive month of losses, according to a private report. Last year, naphtha increased by 56%.

"As has been happening for several months, the increase in consumption of super gasoline does not compensate for the sustained drop in premiums, which in January 2019 was 26%"said the Confederation of Hydrocarbons and Related Marketing Entities of Argentina (CECHA).

In the report, the chamber of commerce considered that "the migration of part of the demand to a type of consumption of lower quality and price was a characteristic of the analysis of the sector in 2018".

Thus, January is the fifth consecutive month that registers values ​​above 20% on the sale of premium naphtha, while the super maintains a monthly growth rate of 5% on average. "2018 closed with a negative balance and had a first quarter of increase of consumption, a second of stagnation and the third of retraction, with this data, the year 2019 begins with the same trend," said CECHA.

After the commercial decision of the main fuel distribution companies in the country to lower their prices in January, after the relative calm of the exchange rate and the fall in the international value of oil, in February the same companies reversed that determination and again applied increases.

The first to highlight its prices was Shell, which decided to increase 2.09% on average at service stations throughout the country. The super, most consumed in its bombs, since the beginning of February is worth US $ 38.52 per liter.

A few days later, YPF followed this path, the company with the largest presence in the market, which increased naphtha by an average of 1.6% for all its products. Values ​​are set by liter in super, $ 37,62; Infinia (premium) $ 43.40; Diesel oil D500, US $ 35.18; and premium Diesel, $ 41.18. Finally, Axion has also applied a 1.6% increase, so it sells liter of super to $ 38.12.


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