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From 01.04.2022, a fuel surcharge or BAF (abbreviation of the English term Bunker Adjustment Factor) will be added to the prices of AMV Logistics OÜ’s transport services. The implementation of the fuel surcharge is inevitable and is driven by the constant change in fuel prices.
We calculate the fuel surcharge as follows:
- The rate of increase in the price of diesel fuel (in percent) is multiplied by a coefficient of 0.33 (the average share of fuel in the cost of providing transport services).
- The average wholesale fuel price of 1.13€/Liter including VAT for the second half of 2021 is taken as the base price.
- If the wholesale price of diesel fuel falls below 1.13€, the BAF value is 0.
Example: On 03.01.2022, the wholesale fuel price was 1.23€, the price increase was 8.85%, and in February 2022, the BAF is 2.92%.
BAFI values:
- November 2024 7.34%
- October 2024 6.24%
- September 2024 8.31%
- August 2024 10.44%
- July 2024 9.78%
The estimated value of the wholesale price is obtained based on the average of the wholesale fuel price for the last 5 business days following the beginning of the period. The minimum period for changing the BAF value is half a month.
A pleasant and understanding case!
AMV Logistics OÜ