LPG prices down by P1/kg starting Tuesday

Independent dealers of liquefied petroleum gas (LPG) will roll back the prices of their products starting 12:01 a.m. Tuesday. LPG Marketers' Association Rep. Arnel Ty said the rollback will be P1 per kilo, or P11 per 11-kilo tank. "Bukas meron po bukas, P1 per kilo, P11 bawat 11-kg na tangke (We will have a rollback on Tuesday, P1 per kilo or P11 per 11-kg tank)," Ty said in an interview on dzBB radio. He said this was due to the lowering of world contract prices of the commodity. He hinted it is possible there may be more rollbacks if world prices continue to go down. Ty also said Auto LPG prices also went down slightly Sunday. — KBK, GMA News