The average retail price of kerosene hit a record high 1,354 yen per 18 liters in January, up 103 yen from the previous month, according to the results of a monthly survey released Monday by an industry body.

The Oil Information Center attributed the hike to a rise in kerosene wholesale prices and an increase in demand for heating because of cold weather and heavy snow. The average kerosene wholesale price rose by between 1 yen and 1.3 yen per liter in January, it said.

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