[quote=“monkey”][quote=“Icon”]And another hike in gas prices, so don’t be shocked when the bimonthly bill comes/you order your next tank: 40nts per liter now.
And it will keep on rising…[/quote]
Is NT$40/kg the wholesale price? Where did that figure come from?[/quote]
From TV news. ETTV and CTI to be precise. However, there is a newspiece from taiwan News that give s amore, ehem, worrisome figure:
[quote]Legislators on Friday called on the government to pay more attention to the rapidly rising prices for food and energy.
The state-run CPC Corporation, Taiwan announced that the prices of bottled gas and natural gas for consumers would rise on Friday.
The latest energy price hikes follow a report by the Consumers Foundation revealing that several key products recorded steep price increases between January 2010 and December 2011. The price of instant noodles went up by 16 percent during that period, eggs by 8.44 percent, flour by 6.33 percent, vegetable oils by 6.08 percent and hair shampoo by 5.89 percent, the foundation said.
Opposition Democratic Progressive Party lawmaker Chen Ou-po said that[color=#FF0040] before the January 14 elections, gas prices had been frozen, but in the two months since the election they rose by NT$74 (US$2.51[/color]). Salad oil, instant noodles and eggs had also become more expensive while many people had not seen wage hikes and young people only made about NT$22,000 (US$747) to NT$25,000 (US$849) a month, Chen said.
taiwannews.com.tw/etn/news_c … id=1857217
There is also this piece from early February in the China Post:
[quote]Starting Thursday, the cost of domestic liquefied petroleum gas is up by NT$1.7 per kg, while natural gas is an additional NT$0.48 per cubic meter.
In addition, industrial-grade propane, butane, and propane-butane mix each rise NT$1.7.
LPG for vehicles is set to increase by NT$0.9 per liter.
LPG contract price shot up in Feb. to a new record high of US$1,025 per metric ton, an increase of US$145 since Jan, said the CPC.
CPC continued that the cost of natural gas is set to rise a whopping 16.09 percent in February, according to government-set formulas.