17th December 2021 TONGAN The Ministry advises the public that the Tonga Competent Authority (TCA) has approved the new LPG prices for December 2021. The new LPG prices inclusive of consumption tax will increase to a new high effective from Monday, 20th December 2021. Prices for each island group are as follows:
The international prices and freight rate have continuously increased for the last 3 months which led to the huge increase in the local prices. Butane prices increased to USD748/tonne (a 25% (USD148/tonne increase) compared to last quarter), propane gas also increased by USD70/tonne to a new price of
USD870/tonne. Freight rate increased by USD6/tonne that is inclusive of a higher bunker price. While Saudi CP prices have been surging, crude oil prices have also been rising although not as sharply as LPG.
LPG prices set on a quarterly basis and based on the cargoes received on the past three months.
For further details on prices, please contact Sandradee Fifita, Secretariat, Tonga Competent Authority, on (676) 7400108,871 3712 or email sandraf@mted.gov.to or Facebook page: Consumer Affairs Tonga.
ENDS
Phone: +676 7400105/7400105 Fax: +676 23887 Website: mted.gov.to | businessregistries.gov.to | iptonga.gov.to Facebook:
@MTEDTonga Email: ceo@mted.gov.to Postal Address: P.O. Box 110, Latai Estate, Cnr. of Tupoulahi and Salote Road, Fasi–moe–Afi,
Nuku’alofa, TONGA
