Feb 12 β€’ 07:37 UTC πŸ‡±πŸ‡» Latvia TVNET

Due to harsh winter, fuel deficit increases; 20% of retailers have implemented purchase limits

Latvia faces a potential fuel shortage due to a harsh winter and rising demand, prompting 20% of retailers to restrict customer purchases to ensure supply adequacy.

Latvia is currently experiencing harsh winter conditions that have led to an increase in demand for heating fuels, particularly pellets and other solid fuels. This situation has sparked concerns about a potential shortage of these supplies as they are being sold out as soon as they hit the shelves. The Consumer Rights Protection Centre (PTAC) acknowledges the proactive measures taken by some retailers who have introduced sales limits to prevent hoarding and speculative pricing, ensuring that more households can receive fuel supplies.

PTAC conducted a survey among five leading non-food retail networks and 15 regional retailers, including pellet producers, and found that retailers currently lack sufficient pellet stock. The items are quickly sold out, indicating a mismatch between supply and demand. To mitigate the actions of resellers and ensure fair access to goods, approximately 20% of retailers have set purchase limits such as one ton, one to two pallets (with one pallet weighing around 975 kg), and a specific number of bags, among others.

Sales limits have also been reported for other types of solid fuels, including wood briquettes. These measures are aimed at protecting consumer rights and ensuring that all households have a fair chance to procure necessary heating fuels during the severe winter, reflecting the retail sector’s response to the rising crisis.

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