The wholesale and retail prices for Liquefied Petroleum Gas in Tongatapu and Vava’u have dropped today, Wednesday 16 September.

For Tongatapu, the retail price for LP gas including consumption tax decreased by 0.03 seniti to a new price of $3.77 per kilogram. 

For Vava’u, it decreased by 0.01 seniti to a new price of $3.88 per kilogram.

The Competent Authority at the Ministry of Commerce, Tourism and Labour stated this third quarter price change is based on the published monthly Saudi Contract Price (Saudi CP) for the LPG cargoes discharged in June, July and August.

Vava’u had received two cargoes in the review period, one each in July and August as a result the Vava'u price is determined using July and August Saudi CP.

The average delivery parcel in the third quarter was 199 tonnes and 32 tonnes for Tongatapu and Vava’u.

“Based on the delivery volumes, the LPG demand in Tonga (Tongatapu and Vava’u combined discharge) has increased compared with the second quarter. It appears that Tongan consumers are responding to lower LPG prices. Meanwhile, the outlook for LPG prices is expected to further reduce with weak demand and plentiful supply.”