Friday, May 30, 2008
LPG prices to rise on Saturday (1:20 p.m.)
MANILA -- The Liquefied Petroleum Gas Marketers Association (LPGMA) announced that starting midnight on Saturday, there will be a P3.50 increase per kilogram on Liquefied Petroleum Gas (LPG) products.
Arnel Ty, president of LPGMA, the LPG prices will be over P600 per 11-kilogram tank.
Autogas prices will also increase by P2.
The increase is brought about by the increase in international contract prices and fluctuating foreign exchange rates, Ty said. (Sunnex) |
