The Electrical and Mechanical Services Department today (October 22) announced an adjustment to the auto liquefied petroleum gas (LPG) ceiling prices for dedicated LPG filling stations from November 1 to November 30, 2009, in accordance with the terms and conditions of the contract of the dedicated LPG filling stations.
A department spokesman said that the adjustment on November 1 reflected the movement of LPG international prices in October. The adjusted auto LPG ceiling prices for dedicated LPG filling stations would range from $3.32 to $ 3.72 per litre, representing an increase of $0.01 to $0.02 per litre.
The spokesman said the auto LPG ceiling prices were adjusted according to a specified pricing formula. The formula comprises two elements - the LPG international price and LPG operating price. The LPG international price is that of the preceding month. The LPG operating price is adjusted on the first day of February every year according to movement in the Composite Consumer Price Index in the previous year.
The auto LPG ceiling prices for respective dedicated LPG filling stations in November are as follows:
|Location of Dedicated LPG Filling Station||Auto LPG Ceiling Price in November, 2009 (HK$/litre)||
|Fung Yip Street, Chai Wan||3.72|| 3.71
|Ngo Cheung Road, West Kowloon||3.72||3.71|
|Sham Mong Road, Mei Foo||3.48||3.46|
|Yip Wong Road, Tuen Mun||3.48||3.46|
|Marsh Road, Wan Chai||3.47|| 3.46
|Fung Mat Road, Sheung Wan||3.42||3.41|
|Wai Lok Street, Kwun Tong||3.42||3.41|
|Yuen Chau Tsai, Tai Po||3.42||3.41|
|Cheung Yip Street, Kowloon Bay||3.46||3.44|
|Kwai On Road, Kwai Chung||3.46||3.44|
|Hang Yiu Street, Ma On Shan||3.32||3.31|
|Tak Yip Street, Yuen Long||3.32||3.31|
Ends/Thursday, October 22, 2009
Issued at HKT 10:01