The Fijian Competition and Consumer Commission has announced new fuel and LPG prices that will take effect tomorrow, as part of its regular market review.
Unleaded petrol is down by five cents to $2.56 per litre, and premix also decreases by five cents to $2.40 per litre. Kerosene increases by four cents to $1.76, while diesel rises by seven cents to $2.30 per litre.
LPG prices show mixed movement: a 12-kilogram cylinder now costs $38.05, down by $1.14; a 4.5-kilogram cylinder falls to $14.27; autogas decreases to $2.02 per litre.
The FCCC says these adjustments reflect international fuel and freight price movements, as well as foreign exchange rate changes. The commission emphasizes that price updates are part of ongoing monitoring of global market conditions to align local prices with those dynamics and to safeguard consumers’ interests.
What this means for households:
– Some fuels become cheaper, notably unleaded petrol and premix.
– Diesel and kerosene see price increases.
– LPG remains volatile but shows overall reductions for smaller cylinders, with autogas also easing.
Regulatory notes:
– The FCCC continues to monitor pricing and will conduct inspections to ensure compliance and fair treatment at retail and wholesale levels.
Summary:
– Petrol and premix dip, kerosene and diesel edge up, LPG prices move down for key cylinders and autogas dips to align with market trends. The changes underscore Fiji’s ongoing alignment with international fuel movements and exchange-rate fluctuations, aiming to balance affordability with market reality.
Potential positive angle:
– The fall in certain LPG and petrol prices could provide short-term relief for household budgets, while regulators’ ongoing oversight helps maintain pricing fairness amid global price volatility.
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