Changes in prices

Consumers to pay more for LPG products

MARKET SNAPSHOT

STRI as at Dec 30, 2022 = 7929.24 LOCAL SHARE PRICES

Atlantic and Pac. Pack. Telecom Holdings Communications Fiji Ltd Bird Institute Ltd FijiCare Insurance Ltd Foods Ltd Television Ltd Finance Ltd Kinetic Growth Fund Ltd Global Ltd Denarau Marina Ltd Green Ind. Fiji Ltd Patel Group Fiji Ltd Comp. of Fiji Ltd Tsusho Sth Sea Holdings Investments Ltd Holdings Ltd Notes

3.40 2.00 6.90 3.49 9.25 1.89 2.25 1.00 1.12 3.30 2.14 1.08 3.24 10.50 15.83 7.50 4.11 0.67 32.40

Amal. 21,911 Free 350 FMF

Fiji

Kontiki 2000 Pleass

Port

Pac.

RB

Rice

Toyota

VB

Vision

Fijian

Convertible

THE new fuel and LPG prices that came into effect as of January 1 sees consumers forking out extra for LPG products.

The new regulated prices were released by the Fijian Competition and Consumer Commission (FCCC), according to which motor spirit will now cost $2.76 reduced by a cent while Premix now cost $2.58.

The price of kerosene saw a reduction of 11 cents to retail at $2.25 while diesel which currently retailed at $3.06 will now cost $2.82.

The price of 4.5kg cylinder increased by 33 cents to retail at $16.01 while 12 kg cylinder increased from $41.80 to retail at $42.70.

Bulk Gas increased to $3.29, an increase by six cents while Auto Gas will sell at $2.19.

In a statement FCCC said the price of motor spirit and premix decreased as unfavourable movement was noted in the international refined fuel price and international freight rate for motor spirit, while the US dollar weakened against the Fijian dollar when compared with last month’s review.

The changes in price for kerosene and diesel has been attributed to favourable movement in the international refined fuel prices, while unfavourable movement was noted in the international freight rate.

The price for all LPG products this month increased as unfavourable movement was noted in the Butane Contract Price.