Jamaican industry and the motoring public will have to contend with higher pump prices this week, amid the latest baseline update by State-owned refinery, Petrojam.
Petrojam, in its closely watched petroleum product price index, advised that 87-octane gasolene will cost J$2.59 more effective midnight Thursday (April 18), to open at an introductory price of $177.26.
In the third consecutive cycle of price increases at the pumps, the rise was more pronounced for 87- and 90-octane gasolene, each up J$2.59 and $2.60 in comparison to the last seven days.
On the other hand, propane and butane saw the sharpest price reduction this week, dropping J$2.50 and J$3.06 respectively.
It is expected retailers will add their respective mark-ups to the announced prices.
See breakdown of prices below:
| Product | Price per unit (effective April 18, 2024) | Price change (from last week) |
| Gasolene 87 | $177.26 | +$2.59 ($174.67) |
| Gasolene 90 | $183.54 | +$2.60 ($180.94) |
| Auto diesel | $179.59 | -$2.14 ($181.73) |
| Kerosene | $182.83 | -$2.36 ($185.17) |
| Propane | $69.27 | -$2.50 ($71.77) |
| Butane | $77.17 | -$3.06 ($80.23) |
| ULSD | $186.05 | +$0.25 ($187.92) |
| HFO | $124.59 | +$0.12 ($124.47) |
| Asphalt | $128.03 | +$1.05 ($127.78) |
Comments