This is because in 2018, Petróleos Mexicanos will continue to distribute 99% of the fuels in the country…
MERIDA – In Yucatan on Thursday Nov. 30, Day 1 of deregulated gas prices, the Magna fuel was selling at $15.58 pesos per liter and the Premium fuel at $17.29 pesos, according to www.gasolinamx.com website.
It will not be until 2019 that deregulation of gasoline prices will be translated as a benefit for the pockets of consumers, especially since currently in Yucatán, 99% of the fuel will continue to be distributed by Petróleos Mexicanos (Pemex).
The general secretary of the Confederation of National Chambers of Commerce, Services and Tourism (Concanaco), José Manuel López Campos, recalled that in Mexico, 50% of the fuel price is due to taxes, including: IVA (Tax on Value Added) and the IEPS (Special Tax on Products and Services).
“At the moment there are no conditions for price competition that can be reflected in the consumer’s pocket, because today 99% of the fuel is provided by Pemex, they import it and distribute it to the whole country,” he remarked.
He added that Pemex is also the only provider of foreign and national brands that sell related products or even fuel, and therefore it will take time for these companies to get new providers to be able to sell different and cheaper gasoline.
“It will take time for them to import gasoline, it is a process that has already started, probably by 2019 we will see a real diversification of fuel brands, different from those distributed by Pemex, and with that, price differences will start to be reflected,” he said.
He commented that in 2018 from the second semester Mexico will start to have in the market products other than Magna and Premium gasoline, and will be very different from those currently sold by Petróleos Mexicanos.
more recommended stories
Mexican official says two big companies refused to pay taxes this year
MEXICO CITY, (Sept. 23) – Mexico’s.
Mexico to sign up for WHO’s coronavirus COVAX vaccine plan
Mexican Foreign Minister Marcelo Ebrard on.
Mexico inflation near 15-month high ahead of rates decision
MEXICO CITY (Reuters) – Mexican inflation.
Campeche’s Maya archaeological site of Edzná reopens
With health measures and protocols, the.
Cancun’s Sun Palace announced reopening
A Top Cancun Resort Undergoes $40.
Clock in NYC shows how much time is left to save the world from climate change
According to the New York Times,.
Is Token the future of Real Estate in Mexico?
MountX Real Estate Capital has licensed transfer.
First edition of Digital Tianguis Turístico kicks off today
The first Tianguis Digital Tourism Mexico 2020 ,.
“Mo’ Money”: AMLO’s political party goes after nine trusts and funds
The total of trusts that MORENA.
AMLO participates in the United Nations General Debate (75th UN General Assembly)
During his participation in the General.