Gas prices will increase from today while fuel prices will go down

Gas prices will go up from today while fuel prices will decrease.

The price of a 4.5kg cylinder of gas will increase from $15.19 to $16.07, an increase of 88 cents, a 12kg cylinder of gas will cost $42.84, an increase of $2.33 while the price of a 13kg cylinder of gas will go up from $43.89 to $46.41, an increase of $2.52.

The price of unleaded fuel will decrease from $2.54 to $2.49 per litre, a decrease of 5 cents, the price of premix will decrease from $2.15 to $2.11 per litre, a decrease of 4 cents per litre, the price of kerosene remains the same at $1.55 per litre and diesel price will decrease from $2.06 to $2.04 per litre.

The Fijian Competition and Consumer Commission says the decrease noted in local fuel prices for October are due to favourable movements noted in the international prices for unleaded fuel and diesel and unfavourable movement in the international freight rates for unleaded fuel and diesel.

FCCC adds the major reasons for the movement in prices for all LPG products are due to the unfavourable movement of Saudi Aramco Butane CP and unfavourable movement in the international freight rate.