This new regulation will allow obtaining the corresponding variables for the constitution of a formula that allows calculating the Maximum Intermediate Price (PMI). Faced with this, two queries arise on how prices are set – both wholesale and retail – and on the contributions of the PMI for fuels.
The PMI is the maximum price that distributors operating in Uruguay – such as DUCSA, DISA and AXION – They must sell to service stations, that is, there is a maximum price for wholesale sales. However, this is the last consideration for the setting of fuel prices since it begins first with the setting of the PEP (Ex Plant Price) that arises from the PPI (Parity Import Price) and to which are also added the taxes (IMESI, CO2 tax, and rates).
Regarding the price that corresponds to the sale to the public, the Maximum Retail Price (PMVP) – which is also determined by Ursea – does not prevent parking operators from opting for a lower price than the recommended price as a customer loyalty strategy, or from joining a special promotion with a credit or debit card.
Source: Ambito
