Wednesday, December 24, 2014

Margin at petrol stations is only 3-5 percent. Poles buy … – Virtual Poland

Margin at petrol stations is only 3-5 percent. Poles buy … – Virtual Poland


 
 Due to the need for continued and, depending on their level of prices of petroleum products at gas stations after a few days reflect the levels of trading on the wholesale market. As reported by Urszula Cieslak Reflex BM, falling prices do not affect the margins of retailers, which currently amount to no more than 5 percent. Usually, however, result in higher revenues as a result of increased sales of fuels and other products in the store at the station.
 

– About how much petrol station owners pay for fuel purchased in bulk at refineries, determines the situation in the oil market and the currency market – explained in an interview with news agency Newseria Business Urszula Cieslak from specializing in market research firm BM Reflex fuels . – These prices really react every day: every time fall in oil prices in the quotations on the European market and the consequent drop in fuel prices finished automaticall y translate into the level of wholesale prices. end customer, ie the driver, also observed changes in prices at the pump. But, as noted by Urszula Cieslak, in detail, they react more slowly to the current crude oil prices and exchange rates.

– The reason is the inventory of fuel at the pump – explains Cieslak. – Refinery from day to day can react to changes in wholesale prices. Retail outlets and in a certain sense, are limited inventory levels. Cycle of the rotation causes the change from the wholesale market drivers do not observe the very next day. The station must first sell the fuel, which had previously bought the refinery at a different price. Depending on the level of inventories takes a shorter or longer.
 

During the month Brent became cheaper by almost 23 percent. Prices at petrol stations steadily falling, but not at such a pace. Reflecting the current price of crude oil and the foreign exchange market can last from a few to several days.
 

– When the station retail price may be lower, the movement is often faster and the owner shall be notified in the next batch of fuel for generators – says Cieslak. – Achieved so better price, because buying more. So maybe for this reason, cheaper to sell gasoline and other petroleum products to end users, or drivers.
 

The environment of low oil prices but there is no significant impact on the margins generated by the owners of gas stations, which range from 3 to 5 percent.
 

– The situation of the station itself does not really matter much what is the trend in the market – specifies Cieslak. – Of course, easier to sell when prices are low. Sales at the station is then usually higher, and thus the revenue increase. Margins in the long term is, however, a constant, and unfortunately, it’s pretty low. It’s not the years, when the sale of gasoline or diesel could earn more than 10 percent. Today, well, if it is 5 percent.
 

More earn stations that besides the fuel itself also offer okołopaliwowe (for example, sales of basic foods, hot dogs and other foods cooked on the spot fastfoodowych).
 

– They usually have higher margins than fuel. When consumers are often cheaper fuel refueling, the turnover of this type of service are generally larger – notes Cieslak.
 

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