LPG prices up ahead of holiday season

FILE: Workers unload tanks of liquefied petroleum gas (LPG) from a delivery truck along Congressional Road in Barangay San Manuel II, Dasmariñas City, Cavite. (PNA photo by Gil Calinga)

MANILA – Consumers would have to pay more as prices of liquefied petroleum gas (LPG) increased effective Thursday morning, ahead of the Christmas holidays.

In separate statements, Petron and Phoenix LPG said they hiked LPG prices by PHP2.25 per kilogram, while Solane-branded LPG increased prices by PHP2.27 per kilogram.

This translated to increments of PHP24.75 to PHP24.97 for a regular 11-kilogram LPG cylinder.

Petron and Phoenix likewise increased AutoLPG price by PHP1.26 and PHP1.25 per liter, respectively.

The movement in prices in the domestic market reflects the international contract prices of LPG for this month.