Update: 11:55AM CUSTOMERS in Fiji will experience a drop in the price of petroleum products from today.
This after the drop recorded in the cost of fuel across the board in the latest quarterly review of prices by the Commerce Commission, based on exchange rate and market fluctuations.
The price of motor spirit fell three cents at midnight from $2.63 to $2.60 a litre, premix was down two cents from $2.55 to $2.53 a litre, kerosene dropped by five cents from $1.87 to $1.82 a litre, and diesel by four cents from $2.35 to $2.31 a litre.
The Commerce Commission also noted a fall in LPG prices for the third quarter of this year.
A 4.5 kilogram cylinder is reduced by $1.49 from $18.35 to $16.86 a fall of more than 8 per cent. A 12kg cylinder comes down by $3.95 from $48.92 to $44.97, bulk LPG falls by 26 cents from 3.28 to $3.02 and Auto Gas by 18 cents from $2.29 to $2.11.
These new prices are effective from today.