Poland sets Friday fuel price caps: Pb95 up to 5.98 zł, diesel down to 6.37 zł; CPN package fate in balance
The Energy Ministry published new maximum fuel prices for Friday, 12 June, with Pb95 rising to 5.98 zł per litre, while diesel and Pb98 edged lower. The CPN tax relief package expires on 15 June, and the government will decide on its extension by the end of the week.
Friday's maximum fuel prices
The Ministry of Energy published an announcement setting price caps for 12 June. For Pb95 petrol, the maximum is now 5.98 zł per litre, up from Thursday's 5.92 zł. Pb98 is capped at 6.55 zł, slightly down from 6.56 zł, and diesel (ON) falls to 6.37 zł from 6.43 zł. Any station selling above these limits faces a fine of up to 1 million zł, with checks carried out by the Krajowa Administracja Skarbowa.
How the caps are calculated
The maximum price is based on a formula: average wholesale fuel prices on the domestic market, plus excise duty, a fuel surcharge, a retail margin of 0.30 zł per litre, and VAT. Currently, temporary tax cuts apply under the CPN package, reducing VAT from 23% to 8%, and excise by 29 gr per litre of petrol and 28 gr per litre of diesel – the lowest levels allowed by the EU.
Recent price trend
Since the system was introduced on 31 March, caps have fallen noticeably. On that day, Pb95 was capped at 6.16 zł, Pb98 at 6.76 zł, and diesel at 7.60 zł. This week, prices edged down on Wednesday and Thursday, before Friday's mixed movement.
- Maximum price system introduced. Pb95 capped at 6.16 zł/l, diesel at 7.60 zł/l.
- Wednesday: Pb95 5.96 zł/l, Pb98 6.61 zł/l, diesel 6.46 zł/l.
- Thursday: Pb95 5.92 zł/l, Pb98 6.56 zł/l, diesel 6.43 zł/l.
- Friday (announced): Pb95 5.98 zł/l, Pb98 6.55 zł/l, diesel 6.37 zł/l.
- CPN tax relief package expires; government to decide on extension by the weekend.
The CPN package and its future
The CPN (“Ceny Paliwa Niżej”) measures were launched after the eruption of conflict in the Middle East and the blockade of the Strait of Hormuz. They are currently set to expire on 15 June. Minister Miłosz Motyka told TVN24+ that both extension and termination are possible.
Motyka noted that while the situation in the Middle East is difficult, the programme is also very costly. Finance Minister Andrzej Domański has said that if needed, CPN could be extended in two-week increments.At the end of this week we will make a decision. Both options are on the table. The recommendation will depend on what happens in the markets over the next few hours.
