For the week of August 1-7, the regulator has set the country’s average maximum cost at 12.21 pesos per liter and 22.61 pesos per kilogram, a drop of 9.6%, according to data compiled by Argus, a provider of prices for reference of fuels and commodities.
Durango will have the highest maximum price, of 15.04 pesos per liter and Baja California the lowest, of 10.56 pesos per liter.
The maximum price lists, which differentiate between 2,469 different areas of the country, will be published every Saturday and will come into effect one day later . Distributors will be forced to sell energy below the limit determined by the regulator.
The regulator reported in its project last week that the price would be set taking into account components such as the international price of the molecule, logistics costs, a profit margin and a component called “k”, which it will make use of when the fuel price exceeds rising inflation.
The price of LP gas reached its maximum level last March, when the liter of energy was sold at 13.03 pesos per liter, mainly derived from an increase in the international price of fuel, which has responded to the growth in industrial demand and, a low in production.
Energy prices were liberalized in 2017, as part of the 2013 reform movements.