The new price-adjustment mechanism of dedicated liquefied petroleum gas stations will benefit the transport trade, the Environmental Protection Department says, adding the community will not support the introduction of a fuel surcharge.
In response to some taxi drivers' views on the mechanism, the department today said the trade does not have any consensus on the fuel surcharge as some operators fear it might undermine its competitiveness.
Under the new mechanism, the operators of dedicated LPG stations have to adjust the ceiling price according to the movement of international prices. It is not possible, therefore, for companies to increase prices quickly and lower prices slowly.
The department expects the ceiling price of LPG at dedicated filling stations in April will drop by about 40 cents.
It called on the transport trade to continue dialogue through established channels and not take any drastic action that will cause public inconvenience.
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