The current situation regarding LPG and refinery pricing, is whilst stocks have improved, LPG like Diesel and Petrol remains at unprecedented high pricing levels. With traders and market analysers forecasting more stability in the market, we believe and hope LPG prices will remain constant.
However, current GBP/USA Dollar exchange rates continue to play a major part in the pricing policies of the Refineries and the weakening relationship with these currencies could well mean that, whilst World barrel prices begin to fall, the cost of purchasing the product in Dollars will rise, therefore preventing cost reductions.
As a consequence we have decided to hold the LPG surcharges at their current level of 0.09p per kilo, thereby giving pricing stability to our customers during the month of February 2008.
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