Petrobras Claims Cooking Gas Will See a 5.9% Increase for Distributors Starting This Monday (14)

Petrobras Announces This Friday (11) That The Price Of Cooking Gas Will Increase By 5.9% At Distributors. Therefore, The Average Increase Is R$ 0.19 Per Kg.

This Friday (11), Petrobras announced an increase in cooking gas. Starting next Monday (14), the average price of cooking gas will increase by 5.9% at distributors to R$ 3.40 per kg. This increase represents an average of R$ 0.19 per kg. Also on Friday, Petrobras announced a 2% reduction in gasoline at refineries starting this Saturday. Diesel will not undergo changes.

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The Cost Of Cooking Gas At Distributors

As is already evident, cooking gas prices have been higher in recent months, so it is now common to find cylinders priced up to R$ 100. In the Northern region of the country, for example, the price reaches R$ 113. In May, cooking gas experienced an increase of 1.24% at distributors nationwide, according to IBGE data. Meanwhile, piped gas saw an increase of 4.58%.

Distributors report that there is no forecast for when prices will drop again. In an effort to mitigate the impacts on gas prices, the Federal Government eliminated the PIS and Cofins tax rates that apply to the product. However, this intervention did not bring any improvements to consumers, as prices remained unchanged.

Vale Gás May Free Some Regions From The Increase In Cooking Gas Prices

In May, the government began distributing aid to low-income individuals who are struggling to purchase the product that has become more expensive in recent months.

The name of the program from the Government is known as Vale Gás. The program has already started providing access to aid for the states of Maranhão and Ceará. The proposal for this program had been discussed by the Government since March. Its author was Senator Paulo Paim (PT-RS), who stated that the program would face some obstacles, such as the fluctuating price of cooking gas in different regions.

Petrobras Announcement

In a statement, the oil company said: “It is important to strengthen Petrobras’ position in an attempt to avoid the immediate pass-through of external volatility caused by circumstantial events to domestic prices. Our prices always seek to balance the international market and consistently follow the variations in the exchange rate and product values.”

Thus, Petrobras made it clear that the changes passed on to refineries differ from those received by consumers at retail. This happens because cooking gas is subject to federal and state taxation before reaching the consumer, in addition to costs with resellers and distributors.