Independent LPG dealers rollback prices P2/kilo

Independent dealers of liquefied petroleum gas (LPG) gave consumers an Easter gift Monday by rolling back prices of their products by P2 per kilo.

 

LPG Marketers Association party list Rep. Arnel Ty said this latest rollback translates to a P22 drop per 11-kg tank.

 

"Effective today meron tayong P2-per-kilo rollback; P22 per 11-kg tank po ‘yan," he said in an interview on dzBB radio.

 

With the latest rollback, he said prices of LPG sold by LPGMA members now stand between P700 and P725 per 11-kg tank.

 

Ty also hinted at more rollbacks in the coming weeks, citing the lower contract prices of the commodity.

 

"Hindi ito ang huli. Ito ay umpisa pa lang at maraming rollback ang darating," he said.

 

When asked when the next rollback would be, he hinted it may come as early as next week.

 

"Maaaring next week. Ito tuloy-tuloy hanggang sa susunod na buwan," he said. –KG, GMA News