Fuel Cost Adjustment

Fuel cost adjustment is a mechanism allowing quick reaction to the changes of fuel price on the market.

Key information concerning the fuel adjustment is presented below:

Fuel cost adjustment automatically reflects changes of the fuel prices
Current fuel prices are based on wholesale prices offered by PKN Orlen and Grupa LOTOS
The mechanism is applied when the fuel prices rise, as well as when they fall
Changes of the current index are not effected after each fuel price change but only after a sensitivity threshold has been passed in the case of domestic shipment the threshold pass must be confirmed by two consecutive readings, and in the case of international shipment - within one month
Fuel index for the following month is determined in advance (in the 22nd day of the previous month), which allows precise planning of shipments costs

Table with fuel cost adjustment ratio in domestic transport

Period	Average fuel price PLN/m3	Fuel cost adjustment ratio %
October 2018	4083	9.25%
November 2018	4217	11.10%
December 2018	4210	11.10%
January 2019	3922	7.40%
February 2019	3777	5.55%
March 2019	3938	7.40%
April 2019	4044	9.25%
May 2019	4090	9.25%
June 2019	4185	11,10%
July 2019	3798	9.25%
August 2019	3973	9.25%
September 2019	4010	9.25%
October 2019	4067	9.25%
November 2019	4074	9.25%

Table with fuel cost adjustment ratio in international transport:

Period	Average fuel price PLN/m3	Fuel cost adjustment ratio %
October 2018	4083	10.50%
November 2018	4217	12.00%
December 2018	4210	12.00%
January 2019	3922	9.00%
February 2019	3777	7.50%
March 2019	3938	9.00%
April 2019	4044	10.50%
May 2019	4090	10.50%
June 2019	4185	12,00%
July 2019	3798	10.5%
August 2019	3973	10.5%
Septemeber 2019	4010	10.5%
October 2019	4067	10.5%
November 2019	4074	10.5%

Table with winter fuel cost adjustment ratio in international transport for shipments to or from Finland, Norway and Sweden between December and February: