Petrobras announces reduction in the price of cooking gas for distributors

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The 13 kg LPG cylinder now costs R$ 31.66, a reduction from R$ 2.5356 to R$ 2.4356 per kg. Readjustment of cooking gas starts to take effect this Saturday TV Anhanguera/Reproduction Petrobras announced this Friday (30) a reduction in the price of cooking gas, LPG. The measure goes into effect this Saturday (1st). The 13 kg cylinder now costs R$ 31.66, a reduction from R$ 2.5356 to R$ 2.4356 per kg or 3.9%. The last reduction in cooking gas prices took place on May 16, when Petrobras decided to abandon the Import Parity Price (PPI) policy and reduced the value by more than 12%. This Friday, the state-owned company also announced a reduction in gasoline prices. See the company note Starting tomorrow (01/07), Petrobras will reduce by R$ 0.10 per kg (-3.9%) its average selling price to distributors, which will go from R$ 2. 5356 to R$ 2.4356 per kg, equivalent to R$ 31.66 per 13 kg cylinder. It should be noted that the amount effectively charged to the final consumer at the point of sale is also affected by other factors such as taxes and distribution and resale profit margins. The main objectives of Petrobras’ price reduction are to maintain the company’s price competitiveness vis-à-vis its customers’ main supply alternatives and the necessary market share for the optimization of refining assets in balance with the national and international markets. Aware of the importance of its products to Brazilian society, the company emphasizes that when setting its prices it seeks to avoid passing on the volatility of the international market and the exchange rate, while preserving a healthy competitive environment under the terms of current legislation. Transparency is fundamental In order to contribute to price transparency and better understanding by society, Petrobras publishes information on its website regarding its share and that of other agents in the formation and composition of average fuel prices for consumers.

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