MANILA – Consumers would have to pay more for cooking gas as firms welcomed July with a big-time hike on prices of liquefied petroleum gas (LPG).
In separate advisories, Petron and Phoenix LPG Phils., Inc. increased their LPG prices by PHP5.20 per kilogram while Solane-branded LPG went up by PHP5.19 per kilogram.
The price movements translate to a PHP57.09 to PHP57.20 price hike on a regular 11-kilogram LPG tank.
“These reflect the international contract price of LPG for the month of July,” Petron said in a statement.
Both Petron and Phoenix also increased auto-LPG prices by PHP2.90 per liter.
The price adjustments took effect on Thursday morning. (PNA)