Diesel prices in Paraguay: Petropar signals increase

International scenario pressures fuels in Paraguay

Petropar's president, William Wilka, stated that the state-owned company faces difficulties in keeping diesel prices frozen in Paraguay, according to information originally published by the ABC Color newspaper. The increase is driven by the surge in international oil quotations, fueled by conflicts in the Middle East and the reduction of global inventories, with Brent crude reaching US$ 105 and West Texas Intermediate hitting US$ 91.9.

Impacts on the productive and logistics sector

While private brands have already made adjustments, Petropar tried to hold prices during October and early November. However, the international quotation of diesel has remained above US$ 1,000 per cubic meter since the beginning of the month. According to the state-owned company, the import cost represents about 88% of the price structure, while dollar fluctuations have a smaller weight of approximately 10%.

• The international quotation of diesel rose 102% since the beginning of the conflict in the Middle East.
• Gasoline registered an increase of over 80% in the external market.
• Currently, Petropar products are sold between 150 and 200 guaranies cheaper than the average of private competitors.
• The company maintains strategic inventories ranging from two weeks to three months, depending on demand volume and replenishment.

What this means for those doing business in Paraguay

For entrepreneurs, investors, and rural producers established in the country, the potential increase in diesel prices directly affects the logistics chain, cargo transportation, and the operating costs of industries and agribusiness. Monitoring energy costs is essential for the financial planning of companies operating in the Paraguayan market.

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