New Year Brings LPG Price Hike in the Philippines

Starting January 1, 2024, the price of liquefied petroleum gas (LPG) in the Philippines has increased, as announced by various firms including Petron Corp. This upward price adjustment, amounting to an increase of P3.40 per kilogram, is a response to the movement in international contract prices for LPG. The change in prices reflects the global market dynamics impacting LPG costs. Other companies are expected to announce similar adjustments.