Group 1 - The Shanghai Municipal Development and Reform Commission announced a new benchmark price for bottled liquefied petroleum gas (LPG) starting from June 10, with a price of 99 yuan for a 14.5kg package [1] - Other packaging specifications will have their benchmark prices calculated based on the actual capacity of the bottles [1] - Businesses are allowed to set prices up to 20% above the benchmark price, while there is no limit on price reductions [1]

Core Viewpoint - The Shanghai Municipal Development and Reform Commission has announced a new pricing mechanism for liquefied petroleum gas (LPG) effective from June 10, setting the benchmark price for a 14.5kg residential bottled LPG at 99 yuan per bottle [1] Pricing Mechanism - The benchmark price for other specifications will be calculated based on actual capacity [1] - Enterprises are allowed to adjust prices within a range of up to 20% above the benchmark price or to decrease prices without limit [1] Regulatory Compliance - Companies must operate legally and are prohibited from engaging in price collusion or price gouging practices [1]