Retailers cut LPG prices

Posted at 02/01/2013 11:08 AM

MANILA, Philippines - Retailers from the Liquefied Petroleum Gas Marketers Association (LPGMA) reduced LPG prices by P1 per kilo, effective today (February 1).

LPGMA in January already slashed LPG prices by P2 per kilo.

Aside from LPGMA, prices of Solane LPG have also been cut by P1.80 per kilo, also effective on February 1.

Petron Corp. on Thursday night already announced a P1.80 per kilo reduction in prices of Gasul and Fiesta Gas, also effective on the first day of February.

Petron has said the roll back in LPG prices reflects international contract prices for this month.