LPG price to drop NT$0.4 per kilogram: CPC

Focus Taiwan
Date: 2019/01/01
By: Chiu Po-sheng and William Yen

CNA file photo

Taipei, Jan. 1 (CNA) With the recent fall of global crude oil prices, state-run petroleum supplier CPC Corp., Taiwan, said the price of liquefied petroleum gas (LPG) will fall NT$0.4 (US$0.013) per kilogram with effect from midnight Wednesday.

Prices are handled according to monthly review and adjustment mechanisms, to rise and fall with changes in international prices, CPC said, noting that the decrease is related to the recent fall in global crude oil prices.

CPC also said while the price of LPG for household use will decrease by NT$0.4 per kg, LPG for hybrid cars will fall by NT$0.2 per kg.

Meanwhile, industrial-grade propane, butane and propane-butane mixture will also fall by NT$0.4 per kg, the state-run fuel supplier said.    [FULL  STORY]

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