With a drop of 17.4% in the month, a liter of gasoline is R$6

With a drop of 17.4% in the month, a liter of gasoline is R$6

This is the biggest drop recorded by gasoline, driven by the reduction of ICMS

Research by the National Agency of Petroleum, Natural Gas and Biofuels (ANP) shows that, despite still being above the values ​​practiced in the international market, the fuel prices fell again in the Brazilian market last week. The biggest drop was registered by gasoline, driven by the reduction in ICMS. Between the 17th and 23rd of July, the price of fuel fell by 2.9%, raising the percentage accumulated in the month to 17.4%.

The average price of regular gasoline at stations verified by the ANP was R$ 5.89 per liter, the highest (R$ 7.75) being found in Altamira, Pará, while the cheapest (R$ 5 09) was being sold in Passos, Minas Gerais.

In relation to the foreign market, gasoline is, on average, 1% above the international price. In Bahia, where the Mataripe Refinery operates, which was privatized at the end of last year, prices are 4% higher than in the Gulf of Mexico, according to the Brazilian Association of Fuel Importers (Abicom).

S10 diesel, less polluting and more used in Brazil, had a slight price drop, of 0.4% last week, maintaining the highest price (R$ 9 per litre) in Ourinhos, in the interior of São Paulo, and the lowest price (R$ 6.29), in Itatiba, also in São Paulo. On average, the price of a liter of S10 diesel cost R$ 7.55 in the week of July 17 to 23, according to the ANP.

Fuel, which is scarce in the world due to increased demand, is on average 5% above the international price. According to Abicom, a reduction of R$ 0.29 per liter would be possible to reach parity with international values.

The 13-kilogram gas cylinder had a drop of 0.3% last week, and was being sold at an average of R$ 111.80.

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