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Home Increase in the price of diesel announced by Petrobras will result in an increase in the cost of all cargo transport logistics

Increase in the price of diesel announced by Petrobras will result in an increase in the cost of all cargo transport logistics

12 May 2022 to 13: 35
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Setcemg's projections point out that the readjustment in the value of a liter of diesel announced by Petrobras will bring an increase in the costs of the entire logistics chain of cargo transport, causing a great impact on the national and international trade sector
Photo: UJ Alexander/iStock

Setcemg's projections point out that the readjustment in the value of a liter of diesel announced by Petrobras will bring an increase in the costs of the entire logistics chain of cargo transport, causing a great impact on the national and international trade sector

With the average increase of 8,87% on the price of diesel announced by Petrobras and started last Tuesday (10/05), the Union of Cargo Transport and Logistics Companies of Minas Gerais (Setcemg) made projections for O future market. Thus, the agency points out that this readjustment will cause an increase in cargo transport with the new dynamics of the logistics chain within the segment.

Elevation of R$ 0,45 in the average cost of a liter of diesel at Brazilian service stations, announced by Petrobras, will change cargo transport logistics and make operations more expensive

Petrobras recently announced a series of changes and readjustments in fuel prices and diesel suffered an average increase of 8,87%, which represented an increase of R$ 0,45 per liter in the national posts. Thus, cargo transport logistics companies will have to readjust after the decision, since there will be an increase in costs for this fuel, as is already being predicted by Setcemg. 

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This readjustment demonstrates yet another increase in fuel values, since diesel already accumulates a 47% increase in the year at Petrobras refineries. And, with that, the entire cargo transport logistics chain will be affected, since companies may not be able to sustain this increase in prices. This happens because diesel is one of the most relevant fuels in this segment and represents around 35% to 40% of the costs of cargo transport companies, bringing a serious impact to the sector. 

In this way, the logistic chain will be affected, as companies will need to increase the cost of freighting goods, to compensate for the average increase of 8,87% in fuel costs. The President of Setcemg stated, in relation to this, that “Cargo transport and logistics companies have to pass on this increase. Unfortunately, we cannot handle certain costs that we have no control over, such as diesel. This 8,87% increase will raise the cost of fuel by R$0,44 to R$0,45.”

The month of May will be essential to understand the new dynamics in prices around cargo transport logistics after the readjustment made by Petrobras

The month of May is in itself a month of great instability in the domestic market, as it is marked by major changes in material and labor costs. And, with the diesel price readjustment made by Petrobras, the coming weeks will be extremely important for the national market to adapt to the values ​​surrounding cargo transport logistics.

Setcemg also highlighted during its comments on the increase in fuel prices that not only the cargo transport segment will be affected, but all freight logistics in Brazil. This means that public transport will also have to readjust its values ​​to cover increases in the price of diesel, further increasing mobility costs for Brazilian workers and citizens over the next few months.

Finally, the union also brought to light the seriousness of the current moment and especially of the month of May and stated that in decades of operation in this segment they have not experienced a situation of such volatility and instability in fuel prices. Now, what is expected is that the Federal Government and Petrobras take measures regarding the current situation.

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