The prices of aviation kerosene (QAV) will have a reduction of 0.84% in the sales values for distributors from next Saturday (1st). The information was released this Wednesday (28) by Petrobras.
This is the third straight drop in fuel prices. In September there was drop of 10.4% and the previous month, in August, the retreat was 2.6%.
According to the company, the practice of the last 20 years indicates that the QAV price adjustments are monthly and defined through a contractual formula negotiated with the distributors.
“Petrobras QAV sales prices for distribution companies seek balance with the international market and follow the variations in the value of the product and the exchange rate, up and down, with adjustments applied on a monthly basis, mitigating daily volatility international quotations and exchange rates”.
Petrobras markets the QAV produced in its refineries or imported only to distributors. It is up to the distributors to transport and market the product to air transport companies and other final consumers at airports, or to resellers. “Distributors and resellers are responsible for the installations at the airports and for the supply services”, he added.
“It is important to emphasize that the Brazilian market is open to free competition and there are no legal, regulatory or logistical restrictions for other companies to act as producers or importers of QAV”, highlighted the state-owned company.
Additional information on Petrobras’ sales prices can be accessed at Company Website. “According to ANP regulation, the new QAV prices will be available in this site from October 1st, the effective date”, he concluded.
