Mar 19 • 18:55 UTC 🇧🇷 Brazil G1 (PT)

Refinery that supplies Sergipe announces new fuel price increase

Acelen, the company responsible for the Mataripe Refinery, has announced significant price increases for diesel and gasoline effective March 19.

Acelen, which operates the Mataripe Refinery and supplies a large portion of the Northeast region of Brazil, including Sergipe, has announced a new round of fuel price increases. On March 19, the refinery disclosed a 13.2% hike for Diesel S10, a 13.5% increase for Diesel S500, and a 13.1% raise for gasoline. This marks the latest in a series of price adjustments that have alarmed consumers and distributors alike.

The repeated price increases reflect a broader trend impacting not just the refineries but also the entire supply chain for fuels in Brazil. The adjustments made by Acelen are projected to lead to higher prices at the pumps, with gasoline already retailing for R$ 6.99 in the capital, Aracaju. Such changes come at a time when many consumers are already burdened by rising costs due to inflation and economic pressures.

As distributors receive the increased prices, the implications for the average consumer will become more pronounced as these costs trickle down to fuel prices at gas stations. The significant rise in fuel costs can impact not only consumer spending but also the prices of goods and services reliant on transportation, further exacerbating economic challenges in the region.

📡 Similar Coverage