The main reason for this decline was the sudden year-on-year decline in premium naphtha commercialization, which contracted 28.8% due to successive price increases at pumps. In one year, he sold from 253 thousand cubic meters to 180 thousand. With the highest quality Diesel, Grade 3, the same thing happens. The decline in sales was 6.6% in the past 12 months.
The other side of the collapse is the inter-month comparison, from October to September. Total sales increase 4.17%: Premium is up 9.28%, Super 5%, G2 diesel 5.75% and Grade 3 is only 1%.
The latest report from an international consultation Global Fuel Prices (GPP) reveals that Argentine fuel is close to the world general price level: US $ 1.15 per liter Super. E∎ 100 days the vehicle tank filling costs an average of 55 liters increased from US $ 47.30 to US $ 62.70, or 32%.
With accumulated price increases of more than 70% so far this year, the market continues to be led by YPF, which has concentrated 60% of sales. Axion Energy (PAE) reached growth in September 10.2% year, while oil companies Shell (Raízen) fell 4.3%.
Inter-company offers make private companies give up prices. State companies maintain values in line with variations in international crude oil and exchange rates, but competitors accelerate increases which are then reversed.
With barrel Brent it borders on $ 60 and one dollar under $ 40, far from the peak of the Central Bank's intervention range ($ 44), the Government believes that there are sufficient reasons to stop successive adjustments and even reduce prices. "What we have seen in the past few weeks is a combination of a stable exchange rate and international prices resulting in possible conditions for some companies to reduce them," emphasized this week Nicolás Dujovne.
"We know that there are no fuel prices, there are different business decisions, some may go down and others may not, it's also different from the components, because it's not the same price for premium gasoline, Super gas or diesel, so we will see different movements, where some might go down, and maybe others won't ", clarifying the Minister of Finance.
On December 1, an increase occurred 14% in taxes on the sale of fuel, which are renewed quarterly according to the official accumulation of inflation. Although this update does not have a strong impact on the final price of the product, it is expected that oil companies will add new biofuel costs and implement new improvements before the end of the year. Market sources estimate that by not transferring prices, the company as a whole resigns more than US $ 1 billion. Although it hasn't been official and despite Dujovne's wishes, stationary waiting for another increase in the coming days.