Price Watch

LPG Price Monitor as of 01 November 2018

LPG Contract Price (CP)

LPG Contract Price (CP), commonly called the “ Saudi CP ” is the primary driver of LPG pricing in the Far East including the Philippines . It is an international price benchmark set at the beginning of each month by Saudi Arabia’s state - owned oil company Saudi Aramco.

Aramco's CPs, which set the price of LPG lifted from the Saudi ports of Yanbu, Ras Tanura and Ju'aymah under term supply contracts, are closely watched by the market as they tend to set a base level for LPG pricing for most markets East of Suez.

Prevailing Retail Prices of 11 Kg. and 50 Kg. LPG/Auto-LPG in Visayas as of October 30, 2018

Weekly prevailing prices of Liquid Petroleum Products (LPG/Auto-LPG) in the cities of Cebu, Mandaue, Tagbilaran, Ormoc, Maasin, Tacloban, Dumaguete, Bacolod, Iloilo, Roxas, Calbayog, Catarman, and provinces of Siquijor, Guimaras, Biliran, Antique and Eastern Samar (Borongan and Guiuan) as of October 30, 2018.

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