📈 LP Gas Prices Remain Unchanged for June
Litro Gas Lanka and Laugfs Gas PLC have announced that domestic LP gas prices will remain stable throughout June, maintaining May rates despite international energy market volatility and currency fluctuations. Litro Gas (Colombo District): • 12.5 kg: Rs. 4,765 • 5 kg: Rs. 1,910 • 2.3 kg: Rs. 890 Laugfs Gas (Colombo District): • 12.5 kg: Rs. 6,245 • 5 kg: Rs. 2,500 Key Takeaways: • Companies cited consumer relief and economic stability as primary drivers for the decision. • Both firms are absorbing increased procurement, freight, and logistics costs internally to avoid price hikes. • Laugfs attributed the mitigation of cost pressures to improved operational efficiencies and supply chain management. • Prices for both suppliers remain subject to regional variations based on transportation and distribution costs.