ADVERTISEMENT

Money

LPG prices up P2/kg Tuesday

Households and food establishments will have to pay more liquefied petroleum gas (LPG), as firms on Monday announced a hike in prices starting June.

In an advisory, Petron Corporation said it will hike LPG prices by P2.20 per kilogram, including value-added taxes. AutoLPG prices will also be hiked by P1.25.

The changes reflect the international contract price of LPG for the month of June, and will take effect 12:01 a.m. on Tuesday, June 1.

ADVERTISEMENT

Solane-branded LPG prices will likewise be increased by P2.18 per kilogram inclusive of VAT effective 6 a.m. on June 1.

Data from the Department of Energy (DOE) shows that household LPG prices in Metro Manila range from P570 to P749 per 11-kilogram cylinder as of May 1, 2021. — Jon Viktor D. Cabuenas/BM, GMA News