BAKU, Azerbaijan, Apr. 26
By Klavdiya Romakayeva - Trend:
Some 37,006 tons of RON-80 gasoline was put up at Uzbek Republican Commodity Exchange (UZEX) for the period from April 19 to 25, Trend reports with reference to UZEX.
Last week, the exchange price for motor gasoline increased due to an increase in the starting cost of products from the sellers' enterprises.
According to UZEX, 11,394 tons or 30.8 percent of RON-80 gasoline were sold at the exchange trading. On average, 26 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 increased from 6,306 soums ($0.6) to 6,563 soums ($0.62) per ton, or by 4.1 percent.
During the period under review, the weekly weighted average price of RON-80 motor gasoline amounted to 6,446 soums ($0.61) per ton of gasoline, RON-91 - 7,558 soums ($0.72) 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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