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Commercial LPG cylinder prices have been cut from July 1, providing relief to restaurants, hotels, caterers, and roadside vendors who rely on the cooking fuel for their daily operations. However, the price of a 14.2 kg LPG cylinder has not been revised, meaning household cooking gas rates remain unchanged in the latest revision.
The price of a 19-kg commercial LPG cylinder in Delhi has been cut by Rs. 183.50 to Rs. 2,930. Prices of 5-kg Free Trade LPG (FTL) cylinders have also been cut by Rs. 13 to Rs. 808.50 in Delhi, according to ANI.
The price of the 19-kg commercial LPG cylinder has come down to Rs. 2,885.50 in Mumbai after a reduction of Rs. 182. The updated rate in Kolkata is Rs. 3,081.50, down by Rs. 174. The price of a commercial LPG cylinder is still in the higher band in Chennai at Rs. 3,106 after a reduction of Rs. 177.
Other cities also witnessed similar cuts. In Gurugram, a 19 kg cylinder now costs Rs. 2,947.50, Rs. 2,930 in Noida, Rs. 3,021 in Bengaluru, Rs. 3,114.50 in Bhubaneswar, Rs. 2,954.50 in Chandigarh, Rs. 3,191 in Hyderabad, Rs. 2,957.50 in Jaipur, Rs. 3,052.50 in Lucknow, Rs. 3,227 in Patna and Rs. 2,971.50 in Thiruvananthapuram.
The prices of LPG for household use remain unchanged. Domestic LPG cylinders cost Rs. 942 in Delhi, Rs. 941.50 in Mumbai, Rs. 968 in Kolkata, and Rs. 957.50 in Chennai.
In other cities, domestic LPG rates stand at Rs. 994 in Hyderabad, Rs. 944.50 in Bengaluru, Rs. 979.50 in Lucknow, Rs. 1,031.50 in Patna, Rs. 939.50 in Noida, and Rs. 945.50 in Jaipur.
Also Read: LPG Booking App IndianOil One Tops Charts Amid Supply Fears
The latest cut comes as international crude oil prices ease, as Middle East tensions have eased and concerns over supply disruptions have subsided. It also follows the hike in commercial LPG prices in June, when Indian Oil Corporation raised the price in Delhi to Rs. 3,113.50 from Rs. 3,071.50 given supply constraints tied to the Middle East conflict.
Household LPG prices were being protected from energy price fluctuations in the global market while state-owned oil marketing companies (SOCs) were incurring ‘substantial under-recoveries’ on LPG sales, as per the earlier PTI report by government sources. The increase in import prices was attributed primarily to the Saudi Contract Price, which is the basis for pricing India's LPG imports.
