Antimonopoly Committee sets price cap on AI-80 gasoline amid rising costs

The Antimonopoly Committee of Uzbekistan has implemented a 5% price cap on the starting price of AI-80 gasoline on the commodity exchange, maintaining a maximum purchase limit of 4 tons per buyer. This move is intended to stabilize prices following recent fluctuations.

Photo: Kun.uz

As of November 13, the Committee’s directive, issued on November 12, established a 5% spread restriction on AI-80 gasoline’s initial price. Following this decision, the average price of AI-80 gasoline saw a notable decrease during trading, with prices dropping by more than 1.2 million UZS per ton, reaching a range of 9.3–9.4 million UZS per ton.

The AI-80 gasoline produced by the Bukhara Oil Refinery, previously set at an initial price of 8.931 million UZS per ton, now has an upper price limit of 9.377 million UZS per ton under the new cap.

The price cap follows a similar measure introduced on November 6 for liquefied gas, where a 20% limit was imposed on its starting price, reflecting efforts to mitigate rising fuel costs and support market stability.