LPG price drops
Effective midnight, the prices of all liquefied petroleum gas cylinders will decrease with reductions ranging from $15.83 per 100 lbs. cylinder to $3.17 per 20 lbs. cylinder.
The new retail price of the 100 lbs. cylinder will be $157.72, down from $173.55. The 25 lbs. cylinder will now retail at $44.53, down from $48.49 and the 22 lbs. cylinder, which formerly sold for $42.83 is now priced at $39.35. The 20 lbs. cylinder’s new price is $35.77, reduced from $38.94.
These adjustments in retail prices are due solely to changes in the CIF of this refined product. (BGIS)