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Price of RON-80 fuel at Uzbek commodity exchange slightly decreases

Oil&Gas Materials 30 March 2021 16:14 (UTC +04:00)
Price of RON-80 fuel at Uzbek commodity exchange slightly decreases

BAKU, Azerbaijan, Mar. 30

By Klavdiya Romakayeva - Trend:

Some 35,873 tons of RON-80 gasoline was put up at Uzbek Republican Commodity Exchange (UZEX) for the period from March 22 to 28, Trend reports with reference to UZEX.

According to UZEX, 14,404 tons or 40.1 percent of RON-80 gasoline were sold at the exchange trading. On average, 34 buyers took part in the exchange trades daily.

It was noted that during the period under review, the daily average price of RON-80 gasoline decreased from 6,196 soums ($0.5900) to 6,154 soums ($0.5860) per ton, or by 0.7 percent.

In addition, the weekly weighted average price of motor gasoline RON-80 for the mentioned period amounted to 6,218 soums ($0.5921) per ton of gasoline, RON-91 – 7,429 soums ($0.71) per ton.

Earlier it was reported that the price of gasoline in Uzbekistan increased during the period from January through February 2021 by 4.9 percent. At the same time, the price for methane increased by five percent, while the price of propane decreased by 7.9 percent.

It was noted that the excise tax rates for petroleum products and automobile fuel sold to end consumers have increased in Uzbekistan since February 1.

According to Uzbekneftegaz JSC, these measures would lead to an increase in the cost of RON-80 gasoline by up to 110 soums ($0.01), RON -90, and more by 60-90 soums ($0.0057-$0.0085).

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Follow the author on Twitter: @romakayeva

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