SPC raises posted pump prices, no longer cheapest in Singapore

SINGAPORE – After keeping its posted pump prices unchanged since July, China-owned SPC moved its rates up by four to five cents a litre on Thursday (Oct 14).

Its 92-octane petrol is now retailing at $2.51/litre, putting it on par with Esso’s, according to Fuel Kaki, a pump price tracker set up by Consumers Association of Singapore.

Its 95-octane is $2.53, which is still the lowest, while its 98-octane is $3.02 – on par with Esso and fellow Chinese operator Sinopec. The petrol prices are four cents higher than they were two days ago.

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