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Gasoline price soars 25,48% in the first half; the fuel has completed 13 months of consecutive increase and it pays to replace it with ethanol

Written by Flavia Marinho
Published 09/07/2021 às 11:49
gasoline - price - ethanol - diesel - CNG - cooking gas
Attendant at Petrobras gas station

With an increase of 1,41% in June, gasoline prices completed 13 consecutive months of increase and supplying with ethanol becomes advantageous in Mato Grosso

ValeCard's fuel price survey for the month of June was ready, with a 1,41% increase in gasoline prices, with an average liter sold at R$5,915. In the first semester, the increase is 25,48% in Brazil. Only in Mato Grosso is it worth replacing with ethanol.

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The average price of gasoline recorded positive change for the 13th month in a row. In June, the value rose 1,41% at fuel stations in the country – on average, the liter was sold at R$ 5,915 (in the previous month, the average price was R$ 5,832).

In the first six months of 2021, the price of gasoline rose 25,48% in Brazil – in December 2020, the average value was R$ 4,714. The information is contained in an exclusive survey carried out by ValeCard, a company specialized in fleet management solutions.

Obtained through the registration of transactions carried out between the 1st and 29th of June with the ValeCard supply card in around 25 thousand accredited establishments, the data show that the highest increases were registered in Pernambuco (3,83%) and in Maranhão (3,81%). No state recorded a drop in fuel prices.

See below the table with the average price of gasoline by state

The capitals of Rio de Janeiro (R$ 6,341) and Acre (R$ 6,331) were the ones with the highest average prices in June. Manaus (R$ 5,301) and Curitiba (R$ 5,381) recorded the lowest values.

Source: ValeCard

Ethanol remains advantageous in Mato Grosso

Rio Grande do Sul (R$5,722) and Rondônia (R$5,694) recorded the highest average ethanol prices in June. According to the survey, following the example of what happened in May, only in Mato Grosso is it worth filling the vehicle with ethanol – the option is only advantageous when the liter of sugarcane derivative costs 70% (or less) of the liter of gasoline

Source: ValeCard

Diesel, gasoline and LPG prices soar again, hitting truck drivers and millions of Brazilians who suffer as a result of disproportionate increases in relation to current income

High gasoline, diesel and cooking gas prices did not prevent Petrobras from increasing fuel prices even more on July 06, which began with a blow to the pockets of truck drivers and millions of Brazilians who suffer as a result of disproportionate increases in relation to current income. The new increase that came into effect as of yesterday caught the direction of the National Cargo Transport Council - CNTRC by surprise, given that there was a "positive" meeting of the entity held just a week ago with the president of Petrobras.

In a meeting held just a week ago with the president of Petrobras, Gen. Silva e Luna, the board received information that its proposed pricing policy was under review by the company.

The price policy proposal presented by the CNTRC is based on the replacement of the Import Parity Price (PPI) by the Export Parity Price (PPE), as well as the taxation of crude oil exports, whose revenues would be used to compensate states and the Union to implement tax reductions on fuel.

For the leaders of the CNTRC, it is inadmissible for Petrobras' management to respond to pressure from organizations such as the Brazilian Association of Fuel Importers – ABICOM. The entity alleges that “it has nothing Brazilian about it, as it serves the interests of foreign companies and the capital market, such as Ativa Investimentos”.

National Cargo Transport Council sends letter to the president of Petrobras asking for the revocation of increases

Just yesterday, the CNTRC sent an official letter to the president of Petrobras asking for the revocation of the increases (check the file in this link). In addition to the letter, the National Cargo Transport Council issued a press release clarifying its position, which is available at this link.

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Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of industry, oil and gas, energy, shipbuilding, geopolitics, jobs and courses. Contact her for suggestions, job openings or advertising on our portal.

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