Bad news for households and taxi drivers using liquefied petroleum gas (LPG): prices of these products will go up effective Sunday, May 1.
At least one firm, Petron, will implement the price increases at 6 a.m. of Sunday, radio reports said Saturday afternoon, April 30.
Petron will raise prices of cooking LPG by P1.55 per kilo or P17.05 per 11-kg cylinder.
It will also increase prices of AutoLPG by 90 centavos per liter.
The company said this is due to movements in the international contract prices of LPG.