Relief in your pocket: cooking gas suffers second price reduction this year

According to information from Petrobras, the price The average price of cooking gas, also known as liquefied petroleum gas (LPG), which is offered by the state-owned company and passed on by distributors, was reduced last Tuesday, 13. According to the company, the value available per kilo went from R$ 4.23 to R$ 4.03.

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The readjustment represents a drop of 4.7%.

This was the second consecutive reduction in the price of Cooking Gas. In the month of April, we identified a drop of approximately R$ 0.25 in the price per kilo. Before the prices had a tendency to increase more and more. In the month of July last year, an increase of 6% was recorded; in October, 7.2%. In March of this year, 16.1%.

Another point highlighted by Petrobras was that the average value of 13 kg of gas will be reduced by R$ 2.60, therefore, it will be around R$ 52.34. However, it has not been possible to identify what will be the final amount that will end up being charged to the consumer, since the other factors exert an influence on this, such as taxes related to cooking gas and also the profit margins of dealerships.

drop in fuels

In addition, Petrobras also recently spoke about the declines that we are seeing in traditional gasoline; on diesel; and in kerosene and gasoline, both for aviation. The readjustments are reflecting the variations of the international market in accordance with the Import Parity Price Policy (PPI) that has been adopted by the state-owned company since 2016. Another important point is that the price of a barrel of Brent oil, used as a reference, was below US$ 90 for the first time since February this year.

Still according to information provided by the company, in the first half of this year, the international scenario was completely different. According to the PPI, fuels were very high, which ended up generating several expressions of dissatisfaction from the current president, Jair Bolsonaro. In May, he ended up changing command of Petrobras for the fourth time. We currently have Caio Mário Paes de Andrade, as he took over from José Mauro Ferreira Coelho.

In a note released, the Petrobras team informed that the reduction accompanies the evolution of reference prices and is consistent with its practice. The company has increasingly supported the search for balance with the market without demonstrating and passing on the conjunctural volatility of quotations and the exchange rate.

“In order to contribute to price transparency and better understanding of society, Petrobras publishes on its website information regarding the formation and composition of consumer fuel prices”, he informs.

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