Business and Economy
LPG prices up for 4 straight months
MANILA – Prices of liquefied petroleum gas (LPG) remain elevated for four consecutive months, with the new price hike starting April.
In separate advisories, Petron and Phoenix LPG Phils. Inc. increased LPG prices by PHP3.25 per kilogram.
Solane-branded LPG also hiked prices by PHP3.27 per kilogram starting at 6 a.m. Friday.
The new price adjustments reflect increments ranging from PHP35.75 to PHP35.97 for a regular 11-kilogram LPG cylinder.
According to the Department of Energy, prices of 11-kilogram LPG tank range between PHP880 and PHP1,100.
Meanwhile, Phoenix LPG and Petron also increased AutoLPG prices by PHP1.80 and PHP1.81 per liter, respectively.
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