E1 Lowers Domestic Propane Supply Price by 42 Won and Butane by 63 Won in July

[Asia Economy Reporter Jang Hyowon] E1 announced on the 30th that it will lower the domestic liquefied petroleum gas (LPG) supply prices starting in July.

Considering international LPG prices, E1 will reduce the price of propane by 42 KRW per kg and butane by 63 KRW per kg.

Regarding butane, E1 explained that the additional reduction in the oil tax, effective from July 1, has been fully reflected.

Accordingly, the July household and commercial propane prices will be 1,485.8 KRW per kg and 1,492.4 KRW per kg, respectively. Butane will be priced at 1,732.68 KRW per kg.