INVESTOR RELATIONS
Macro data
Select year
- Monthly
- Quarterly
| Macroeconomic data – average: 2023 | unit | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
| Brent crude oil price | $/b | 82.8 | 82.5 | ||||||||||
| Model refining margin (1) | $/b | 21.9 | 14.8 | ||||||||||
| Differential (2) | $/b | 6.3 | 5.5 | ||||||||||
| Model petrochemical margin (3) | EUR/t | 1 018 | 980 | ||||||||||
| USD / PLN (4) | PLN | 4.36 | 4.43 | ||||||||||
| EUR / PLN (4) | PLN | 4.70 | 4.74 | ||||||||||
| Natural gas price TTF month-ahead | PLN/MWh | 296 | 249 | ||||||||||
| Natural gas price TGEgasDA | PLN/MWh | 314 | 275 | ||||||||||
| Electricity price TGeBase | PLN/MWh | 637 | 662 |
| Macroeconomic data – average: 2023 | unit | 1Q | 2Q | 3Q | 4Q |
|---|---|---|---|---|---|
| Brent crude oil price | $/b | ||||
| Model refining margin (1) | $/b |
||||
| Differential (2) | $/b |
||||
| Model petrochemical margin (3) | EUR/t | ||||
| USD / PLN (4) | PLN | ||||
| EUR / PLN (4) | PLN | ||||
| Natural gas price TTF month-ahead | PLN/MWh | ||||
| Natural gas price TGEgasDA | PLN/MWh | ||||
| Electricity price TGeBase | PLN/MWh |
(1) Model refining margin = revenues (93,5% Products = 36% Gasoline + 43% Diesel + 14,5% HHO) - costs (100% input: Brent crude oil and other raw materials). Spot quotations. (valid till 31.07.2022)
Model refining margin = revenues (93,6% Products = 33% Gasoline + 48% Diesel + 13% HHO) - costs (100% input: 98% Brent crude oil + 2% natural gas). Spot quotations. (valid from 01.08.2022)
(2) Differential calculated on the real share of processed crude oils. Spot quotations. (valid from 01.01.2022)
(3) Model petrochemical margin = revenues (98% Products = 44% HDPE + 7% LDPE + 35% PP Homo + 12% PP Copo) - costs (100% input = 75% Naphtha + 25% LS VGO). Revenues contract quotations; costs spot quotations.
(4) Average foreign exchange rates according to the National Bank of Poland