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Price of RON-80 fuel at Uzbek commodity exchange for May 17-23 revealed

Oil&Gas Materials 26 May 2021 14:54 (UTC +04:00)
Price of RON-80 fuel at Uzbek commodity exchange for May 17-23 revealed

BAKU, Azerbaijan, May 26

By Klavdiya Romakayeva - Trend:

Some 26,435 tons of RON-80 gasoline was put up at Uzbek Republican Commodity Exchange (UZEX) for the period from May 17 to 23, Trend reports with reference to UZEX.

According to UZEX, 20,470 tons or 77.4 percent of RON-80 gasoline were sold at the exchange trading.

It was noted that the daily average price of RON-80 gasoline increased from 6,670 soums ($0.6305) to 6,475 soums ($0.6121) per ton, or by 0.1 percent.

During the period under review, the weekly weighted average price of RON-80 motor gasoline amounted to 6,678 soums ($0.6313) per ton of gasoline, RON-91 - 7,684 soums ($0.7264) 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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