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LPG Prices in Korea to Mark Highest in 2 Yrs. Updated: 2011-01-03 12:00:00 KST

LPG Prices in Korea to Mark Highest in 2 Yrs.
Prices of liquefied petroleum gas in Korea are set to go up by 10 to 15 percent compared to last month to mark the highest level in two years.
SK Gas is selling propane for household use at around 1,300 won per kilogram and butane for motor fuel at roughly 1,680 won per kilogram starting this year.
And another LPG distributor, E1, is also selling both products at higher prices.
The two companies explained the price hike citing increased global demand for LPG products and adversely affecting exchange rates.
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