Lower demand, higher prices push LPG supply to 50 days

Lower demand, higher prices push LPG supply to 50 days
THE COUNTRY’S liquefied petroleum gas (LPG) supply increased to the equivalent of 50 days of inventory, driven by a seasonal decline in consumption that was further exacerbated by soaring prices, according to the LPG Marketers Association, Inc. (LPGMA). LPGMA Founder Arnel U. Ty said the nationwide demand plunged by 30% month on month in April, […]