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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:

Period

     Average fuel price PLN/m3

       Fuel cost adjustment ratio %

December 2018

                               4.455

                                    13.50%

January 2019

                               4.167

                                    12.00%

February 2019

                               4.022

                                    10.50%


Level of the index in domestic transport according to Fuel cost algorithm till 31.07.2015

Fuel index – 11.11.2019

  16.10%

Current average wholesale price of 1 m3
of diesel fuel oil ** at temp. 15°C

      4003


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