A new adjustment in fuel prices is approaching and concern about diesel fuel is growing

A new adjustment in fuel prices is approaching and concern about diesel fuel is growing

Uruguay is on the threshold of a new price adjustment of fuels for the month of May, with only two days left until the end of April; Meanwhile, the publication of the Energy and Water Services Regulatory Unit (Ursea) of the Import Price Parity (PPI) report.

In the next few hours the publication of the PPI of the Ursea, one of the determining factors for the Executive power decide the price of fuel for next month. In the middle, there is concern on the part of the productive sector regarding the value that the gasoil during the month of May, within the framework of the rice harvest, the final stage of corn and the timid beginning of the soybean stage.

So far this year, while in the month of January the Diesel 50S It fell 2 pesos per liter, standing at 55.39 pesos per liter at the pumps. In February, for its part, it also dropped two pesos again, positioning itself with a maximum public price of 53.89 pesos per liter. Meanwhile, in March fuel saw an increase of 1 peso, while in April it remained the same.

The concerns of agriculture

Representatives of the productive sector published on their social networks their desire for the price of diesel to drop within the framework of the beginning of the rice harvest. One of them was the president of the Rice Growers Association (ACA), Alfredo Lagowho maintained that “it would be convenient” for the Executive power lower the price of diesel.

“We hope to finish the rice harvest and make as much progress as possible in the soybean harvest in May, both of which are very late. It would be convenient for the EP to apply a reduction in the price of diesel. In fact, it would be to accompany fuel values ​​in the world market. This reduction applies to the producer’s direct costs and would lower freight values,” the president tweeted.

For his part, the president of the Rural Federation (FR), Jorge Andrés Rodríguez, He also expressed his opinion on social networks about it. “In addition to the tranquility of other sectors and those who are campaigning along the coast, the desire to harvest a promising summer harvest is overwhelming. The weather is turbulent but the effort and movement is enormous. It would be good if the diesel fuel for threshing, freight and sow,” the president insisted.

What can happen to fuel prices?

After the rise of Brent 2.16% so far this month, with values ​​that ranged between $85.80 and $92.18 per barrel, it is worth wondering what will happen in May in Uruguay, when he Executive you must define the values ​​of the naphtha, he gasoil and the supergas.

The value of Brent is the one used as a reference Ursea to prepare the Import Parity Prices (PPI), but it is not the only variable that takes into account the Ministry of Industry, Energy and Mining (MIEM) to determine whether or not the fuels, since the price of the dollar, which fell in recent days, but has accumulated an increase of 1.62% so far this month.

At the moment, the value of the Super 95 gasoline is at 76.54 pesos as the maximum retail price, while the 50S diesel It is at 54.89 pesos; and the supergas It stands at 80.75 pesos per kilo, below the import parity.

Source: Ambito

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