27/03/2026
Stocks of liquefied petroleum gas (LPG) are adequate, but suppliers said prices are set to jump by at least P330 for an 11-kilogram (kg) tank.
“No shortage but the price increase will be the highest in history,” Arnel U. Ty, founder of LPG Marketers Association, Inc. and president and chief executive officer of Republic Gas Corp. (Regasco), said via Viber.
Mr. Ty said that LPG costs are set to increase by P20 per kg starting March 28 followed by an additional P10 hike by April 1.
The price hike is driven by higher shipping and contract price costs, Mr. Ty said.
With the increase, the prevailing price of an 11-kg LPG tank in Metro Manila could approach P1,500. | via BusinessWorld