LPG Price Hike! Commercial Gas Cylinders Rate Up By Rs 62: Find Out Prices In Delhi And Other Cities

In October 2024, oil marketing companies raised the price of commercial LPG cylinders by Rs 48.50, increasing the cost of a 19 kg cylinder to Rs 1,740, up from Rs 1,691.50

By : ABP News Bureau | Updated at : 01 Nov 2024 10:03 AM (IST)

This latest price increase will directly affect restaurants, hotels, and other commercial establishments in the country that depend on LPG for their daily operations
Source : PTI

Oil marketing companies have announced an immediate price increase (effective November 1) for commercial LPG gas cylinders amid the festive season. The cost of a 19 kg commercial LPG cylinder has risen by Rs 62, bringing the retail price in Delhi to Rs 1,802. Additionally, the price of 5 kg Free Trade LPG cylinders has gone up by Rs 15, while the rates for 14.2 kg cylinders remain unchanged.

The prices of LPG cylinders in major metro cities are as follows: In Delhi, the price stands at Rs 1,802, while in Mumbai, it is Rs 1,754.50. Kolkata has the highest rate at Rs 1,911.50, and in Chennai, the price is Rs 1,964.50.

In October 2024, oil marketing companies raised the price of commercial LPG cylinders by Rs 48.50, increasing the cost of a 19 kg cylinder to Rs 1,740, up from Rs 1,691.50. This adjustment reflects ongoing market fluctuations, with the price of 5 kg Free Trade LPG cylinders also rising by Rs 12 during the same period. Prior to this, on September 1, the companies had increased the rate of 19 kg commercial LPG cylinders by Rs 39, bringing the retail price in Delhi to Rs 1,691.50.

This latest price increase will directly affect restaurants, hotels, and other commercial establishments in the country that depend on LPG for their daily operations. As operational costs rise, businesses may be compelled to pass these expenses onto consumers, resulting in higher prices across various sectors and adding financial pressure to both companies and their patrons.

Meanwhile, despite the increasing costs of commercial LPG, domestic LPG cylinder prices have remained stable, offering some relief for households. This discrepancy in pricing underscores the varied challenges that consumers and businesses are experiencing during these economically turbulent times. The new prices are now in effect nationwide, impacting the cost structures for many businesses that rely on LPG for cooking and operational purposes.

Also Read : Want To Take A Home Loan This Diwali? Here Are Some Of The Best Rates Being Offered By Banks

Published at : 01 Nov 2024 09:59 AM (IST)
Tags :
LPG Commercial LPG Price Hike Commercial LPG Commercial LPG Gas Cylinders LPG Gas Cylinders

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