Phoenix and Petron raise price of LPG by ₱5.20 per kilogram

Consumers will now have to pay more for cooking gas as firms raise prices of liquefied petroleum gas (LPG).

In separate advisories, Petron and Phoenix LPG Phils., Inc. increased their LPG prices by ₱5.20 per kilogram while Solane-branded LPG went up by ₱5.19 per kilogram.

The price movements translate to a ₱57.09 to ₱57.20 price hike on a regular 11-kilogram LPG tank.

“These reflect the international contract price of LPG for the month of July,” said Petron.

Both Petron and Phoenix also increased auto-LPG prices by ₱2.90 per liter.

The price changes took effect on Thursday morning.

SOURCE: PNA