Formosa Petrochemical to hike diesel prices next week

Focus Taiwan
Date: 2017/01/07
By: Chen Cheng-wei and Frances Huang

Taipei, Jan. 7 (CNA) Formosa Petrochemical Corp. (台塑石化), a privately owned fuel supplier in Taiwan, said Saturday that it will raise its domestic diesel prices slightly next week as international crude oil prices have increased.

The company said its diesel prices will rise by NT$0.1 (US$0.003) per liter but its gasoline prices will remain unchanged, with effect from 1 a.m. Monday.

With the increase, prices at Formosa Petrochemical gas stations islandwide will increase to NT$22.8 per liter for super diesel.

However, its gasoline prices will stay at NT$25.2 per liter for 92 octane unleaded, NT$26.7 per liter for 95 unleaded and NT$29.0 per liter for 98 unleaded, the company said.   [FULL  STORY]