LPG prices rise in response to world market prices

The prices of liquefied petroleum gas (LPG) went up on Saturday in response to world market price movements, according to a report on Super Radyo dzBB.

The LPG Marketers Association said the price of LPG will increase by P1.98 per kilogram, or P22 per 11-kg cylinder tank.

Petron Corporation, in a tweet on Friday, said it will increase the prices of its LPG products by P1.95 per kg effective 12:01 a.m. Saturday.

It added that prices of AutoLPG will also rise by P1.10 per liter effective 12:01 a.m. Saturday.

PRICE ADVISORY: Petron will implement a P1.95/KG increase in LPG prices effective 12:01 am, September 1. AutoLPG prices will likewise increase by P1.10/li at the same time. These reflect the international contract price of LPG for the month of September. Thank you.

— Petron Corporation (@Petron_Corp) August 31, 2018

The price of Solane LPG, meanwhile, increased by P1.79 per kg, effective 6 a.m. on Saturday. —With a report from Ted Cordero/KG, GMA News