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What is the APMM ?

The APMM provides a rigorous, authoritative and independent daily assessment of the market-based movements in the cost of petroleum products in each of the principal capital city markets.

The APMM publishes three Price Indicator Series on a daily basis. This includes the IP/DIP Indicator, the CRP/IP Indicator and the TGP Benchmark Indicator. The three Price Indicator Series are delivered daily by e-mail or fax to subscribers, who also receive an end of month cumulative report and concise explanation of movements in the case of the two first-mentioned daily indicators.


What are Import Parity Prices and why are they important?

Import Parity Prices are a reference to the market-based cost of landing imported petroleum products in Australia. In a competitive and deregulated market import parity prices are expected to equate to the prices available to the Australian-based refiner-marketers. For this reason Import Parity prices are an important commercial benchmark for both sellers and buyers.


What is the TGP Benchmark Indicator and why is it important?

The TGP BI is an independent market-based daily indicator of Australian Terminal Gate Prices.  A TGP BI price series is published daily by the APMM for each grades of petrol and diesel for each of the following capital locations - Sydney, Melbourne, Adelaide, Perth, Darwin, and Brisbane.

The former national import parity price benchmarks have no real relevance in the new Australian market conditions. The TGP BI provides a systematic daily benchmarking of the posted terminal gate prices of each company including temperature compensated prices, by location against actual import parity costs to that location and the margins over these costs which are reflected in competitive terminal gate prices.


Why is the APMM important?

For many years the ACCC published a daily Intervention Price for petrol and diesel. This was the ACCC's assessment of movements in the market-based cost of imported product inputs to the Australian wholesale market.

The Intervention Price was the only independently published indicator of product import parity values in Australia. For this reason the Intervention Price series served as an independent market indicator for a wide variety of participants in the Australian petroleum products market.

Since the ACCC ceased publication of the Intervention Price series, the APMM represents the most comprehensive, independently produced source of price transparency in the Australian downstream petroleum market.


How do I get the APMM?

The APMM price series is offered as a subscription service to support the requirements of all market participants in the deregulated market environment. Subscribers can at their discretion receive the Indicator series or all the series, including the IP/DIP Indicator, the CRP/IP Indicator and the TGP Benchmark Indicator.

To become a subscriber to APMM please complete an Order Form including Subscription details, Delivery Details and Payment Details and Fax or mail it to APMM. To obtain an Order Form, please contact us by phone, fax or e-mail.

Phone: (07) 3219 4466
Fax:     (07) 3219 4485
E-mail: info@fueltrac.com.au