Gas at gas stations will rise in price from January: why wholesale prices have fallen, but prices at filling stations will increase
The liquefied gas market in Ukraine is showing changes as prices decrease due to expectations of large shipments, but logistics are complicated by shelling. Imports from the west are increasing, however, a price rise is expected at gas stations from January 1. The average price for liquefied gas decreased by 380 UAH/ton to 61,440 UAH/ton for the week from December 17 to December 24. Prices for individual batches of sea resources fell from 56,500 to 54,500 UAH/ton.
Difficulties in the gas market
It is forecasted that by the end of the week, ships carrying a total of more than 19 thousand tons of gas will arrive in the south. However, despite the increase in volumes, the market is facing difficulties. Market participants note that 'for the first time, we have encountered refusals from drivers to go south'. Logistical problems related to security may impact gas delivery and future prices.
The western border is also showing positive results: a record 3 thousand tons of gas have arrived from Poland, which is 55% more than last week. However, despite the decline in wholesale prices, an increase in excise duty is expected from January 1. The difference in excise duty and exchange rate 'will be felt by everyone', notes a major fuel company. It is forecasted that prices at gas stations will rise by 1 UAH/l.
Thus, the liquefied gas market in Ukraine is undergoing changes with a simultaneous decrease in wholesale prices and an expected increase at the retail level. In the context of growing imports and complicated logistics, market participants are trying to adapt to new realities.
The increase in prices at gas stations, despite the decline in wholesale prices, is related to the expectation of an increase in excise duty, which will affect the final cost of fuel for consumers. Logistical difficulties caused by the security situation may also significantly impact supply stability and pricing policy in the market.
This indicates a complex balance between supply and demand that continues to form under the conditions of war and economic challenges in Ukraine.