After a marginal de growth during the previous month, the consumption of diesel (HSD) is up by 6.3% during August 2015 as against low growth in previous month.
8In August 2015, the total all India sales volume of HSD was around 5444.4 MT .
8The other factor that seems have affected sales is the shift of consumer preference from diesel to petrol driven passenger vehicles.
Speculation and subsequent price reduction in diesel that happened on 1st September, 2015 prompted dealers to drop inventories at retail outlets, resulting in shifting of HSD sales to September, 2015 and therefore lower sales in August, 2015.
8Commercial vehicles sales registered a growth of 8% during August 2015. The medium and heavy commercial vehicles sales continued to record an impressive 35.3 % positive growth in August month.
Growth of 4.4% was also noticed in port traffic during August, 2015 which was due to the improvement in cargo handling at ports.
For more details visit indianpetroplus.com
8In August 2015, the total all India sales volume of HSD was around 5444.4 MT .
8The other factor that seems have affected sales is the shift of consumer preference from diesel to petrol driven passenger vehicles.
Speculation and subsequent price reduction in diesel that happened on 1st September, 2015 prompted dealers to drop inventories at retail outlets, resulting in shifting of HSD sales to September, 2015 and therefore lower sales in August, 2015.
8Commercial vehicles sales registered a growth of 8% during August 2015. The medium and heavy commercial vehicles sales continued to record an impressive 35.3 % positive growth in August month.
Growth of 4.4% was also noticed in port traffic during August, 2015 which was due to the improvement in cargo handling at ports.
For more details visit indianpetroplus.com
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