June adjustment in auto-LPG ceiling prices

The Electrical and Mechanical Services Department today (May 20) announced an adjustment to the auto-LPG (liquefied petroleum gas) ceiling prices for dedicated LPG filling stations from June 1 to June 30, 2010, in accordance with the terms and conditions of the contracts with the dedicated LPG filling stations.

A department spokesman said that the adjustment on June 1 reflected the LPG international price in May.  The adjusted auto-LPG ceiling prices for dedicated LPG filling stations would remain the same, ranging from $3.88 to $4.29 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 the movement in Composite Consumer Price Index in the previous year.

The auto-LPG ceiling prices for respective dedicated LPG filling stations in June are as follows:

Location of
Dedicated LPG
Filling Station

Fung Yip Street, Chai Wan

Ngo Cheung Road, West Kowloon

Sham Mong Road, Mei Foo

Yip Wong Road, Tuen Mun 

Marsh Road, Wan Chai

Fung Mat Road, Sheung Wan 

Wai Lok Street, Kwun Tong 

Yuen Chau Tsai, Tai Po

Cheung Yip Street, Kowloon Bay

Kwai On Road, Kwai Chung 

Hang Yiu Street, Ma On Shan 

Tak Yip Street, Yuen Long 

Auto-LPG Ceiling
Price in June 2010
(HK$ / litre)

4.29

4.29

4.04

4.04

4.03

3.98

3.98

3.98

4.02

4.02

3.88

3.88

Auto-LPG Ceiling
Price in May 2010
(HK$ / litre)

4.29

4.29

4.04

4.04

4.03

3.98

3.98

3.98

4.02

4.02

3.88

3.88

 


The spokesman said that the details of the LPG international price and auto-LPG ceiling price of each dedicated LPG filling station have been uploaded on the department website (http://www.emsd.gov.hk/ ).  They are also posted at dedicated LPG filling stations to help the trades to monitor the price adjustment.

Details of the pricing adjustment mechanism for dedicated LPG filling stations can also be viewed under the "Highlight" section of the department website at www.emsd.gov.hk/emsd/eng/welcome/index.shtml

Ends/Thursday, May 20, 2010
Issued at HKT 10:02

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