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Effective midnight May 27, the retail price of Liquefied Petroleum Gas (LPG) will be adjusted from Bds $196.30 per 100-lb cylinder, to Bds $192.74. The cost of a 25-lb cylinder will move from Bds $54.17 per, to Bds $53.28, and the 20- lb cylinder will now be retailed at Bds $42.78. Previously, it was priced at Bds $43.49. This amounts to decreases of $3.56 per 100-lb cylinder, 89 cents for the 25- lb cylinder and 71 cents per 20- lb cylinder.

At its meeting on June 5, 2008, the Cabinet agreed to a mechanism to adjust prices in a more timely fashion, whereby prices would be adjusted monthly by the Ministry of Commerce and Trade on the advice of the Division with responsibility for Energy.

cathy.lashley@barbados.gov.bb

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