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Big-time LPG price rollback takes effect

In time for the Christmas season, consumers were greeted with lower prices of liquefied petroleum gas (LPG) at the start of December with a big-time rollback for the commodity this month.

The reduction halted the five consecutive months of price increase on LPG products.

Petron said it implemented a P4.75 reduction per kilogram of LPG, and P2.66 per liter cut on AutoLPG effective 1 a.m. yesterday.

“These reflect the international contract price of LPG for the month of December,” Petron added.

Solane-branded LPG also cut prices by P4.37 per kilogram starting Wednesday.

The price rollback resulted in a reduction of P48.07 to P52.25 for a regular 11-kilogram LPG tank.*PNA

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