Why did Formosa Petrochemical keep gasoline and diesel prices unchanged?

Despite the rise in international crude oil prices, they prioritized domestic supply stability and the government's price stabilization policy.

How much loss has Formosa Petrochemical incurred due to the price freeze?

It has reportedly absorbed about 2 billion Taiwanese dollars by April 10.

What does this price freeze mean for consumers in Taiwan?

By temporarily suppressing the price increase of gasoline and diesel, it is expected to reduce the burden on households.

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Formosa Petrochemical: Gasoline and Diesel Prices Unchanged from the 13th

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Formosa Petrochemical announced that the reference retail prices at its affiliated gas stations will remain unchanged from the 13th. Despite rising international crude oil prices, the company has absorbed over NT$2 billion to ensure stable domestic supply and support price stabilization policies.

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Frequently Asked Questions

Q: Why did Formosa Petrochemical keep gasoline and diesel prices unchanged?: A: Despite the rise in international crude oil prices, they prioritized domestic supply stability and the government's price stabilization policy.
Q: How much loss has Formosa Petrochemical incurred due to the price freeze?: A: It has reportedly absorbed about 2 billion Taiwanese dollars by April 10.
Q: What does this price freeze mean for consumers in Taiwan?: A: By temporarily suppressing the price increase of gasoline and diesel, it is expected to reduce the burden on households.