Wholesale price of AI-95 decreases at the exchange trading by 1.15%

The price of premium-95 automobile gasoline (AI-95) at the St. Petersburg International Commodity and Raw Materials Exchange (SPIMEX) on Monday fell 1.15% to 56.54 thousand rubles per tonne, follows from the auction data . At the same time, the price of fuel continues to remain above the previous record at the end of May 2018.

Last week, the cost of this brand of gasoline several times broke the record at the end of May 2018 (56.08 thousand rubles per ton), reaching 57.31 thousand rubles per ton of fuel on June 18.

The price of AI-95 in the European part of Russia at the auction on June 22 decreased by 0.9% – to 57.3 thousand rubles per ton. In Moscow, the cost of fuel of this brand fell to 58.95 thousand rubles per ton (-1.25%), in St. Petersburg – to 59.87 thousand rubles per ton (-0.76%).

The cost of Regular-92 fuel in wholesale per day decreased by 1.18% to 50.3 thousand rubles per ton.

Compared to June 19, the price of summer diesel fuel decreased by 1.15% to 48.4 thousand rubles per ton, liquefied petroleum gas – by 0.12%, to 29.76 thousand rubles per ton.

About sales on the stock exchange

The St. Petersburg International Commodity and Raw Materials Exchange organizes exchange trading on the markets for oil products, oil, gas, LPG, timber and building materials, mineral fertilizers, as well as on the derivatives market.

During the bidding at SPIMEX, the wholesale price of fuel is formed. At the same time, no more than 20% of the total gasoline production in Russia is sold on the exchange.

About the price of gas stations

The tax system in Russia is designed in such a way that gas and diesel prices at gas stations remain stable even in conditions of very low or high oil prices. This is achieved due to a significant share of taxes in the cost of each liter of fuel, as well as a mechanism to curb prices for oil products – a damper.

The essence of his work is that at high oil prices, refineries receive compensation in the form of a negative excise tax, and at very low prices, on the contrary, they must pay the state extra profits.

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. (Source: rambler)