The sale of super dropped to 70% in the provinces of the Coast

Ecuadornews:

Nine days have elapsed since the new price of super gasoline ($ 2.98 per gallon) and the service stations report that the migration of consumption to the extra ranges between 30 and 70%, mainly in the provinces of the Coast.

Preliminary data from the National Chamber of Distributors of Derivatives of Petróleos del Ecuador (Camddpe) reveal that the sale of super gasoline has decreased with special emphasis in the provinces of Guayas and Manabí.

Francisco Silva, president of the Chamber, indicated that to avoid migration to the extra, the Government should have made a gradual focus of the subsidy and encourage the consumption of superfoods.

Silva assured that the distributors face a “very critical” situation because for 15 years their profit margin has not been revised, which is shared between the marketer, the distributor and the transport, while the operative costs have increased.

His proposal is to increase from 13% (in extra) and 14% (in diesel) to 18% per gallon and that the government assumes the cost of transporting derivatives. The House asks to meet with the President of the Republic, Lenin Moreno, within 15 days, otherwise he will convene a national assembly to take new actions. (I)

Source: https://www.eltelegrafo.com.ec/noticias/economia/4/venta-gasolina-super-costa-ecuador