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Jun 22, 2023
Mixed outlook after revised pricing regimen by Petrojam
/ Our Today
administratorReading Time: < 1 minute
It is an underwhelming week for Jamaican consumers as state-owned refinery, Petrojam, released its latest rework of baseline prices today (June 22).
In its closely watched petroleum product price index, the refinery advised that 87-octane gasolene would see its cost slashed by a meagre J$0.25, to open at an introductory price of J$170.20.
The largely inconsequential pricing update brought a mix of miniscule cost changes, which was arguably most pronounced for heavy fuel oil (HFO).
It is expected that retailers will add their mark-ups to the announced prices.
See breakdown of prices below:
| Product | Price per unit (effective June 22, 2023) | Price change (from last week) |
| Gasolene 87 | $170.20 | -$0.25 ($170.45) |
| Gasolene 90 | $173.72 | -$0.25 ($173.97) |
| Auto diesel | $166.22 | +$0.25 ($165.97) |
| Kerosene | $177.22 | +$0.25 ($176.97) |
| Propane | $56.12 | -$0.25 ($56.37) |
| Butane | $63.25 | -$0.04 ($63.29) |
| ULSD | $173.81 | +$0.25 ($173.56) |
| Asphalt | $114.06 | -$0.80 ($113.26) |
| HFO | $112.91 | +$2.42 ($110.49) |
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