Commercial LPG gas cylinders weighing 19 kg now cost ₹41 less. Tuesday marks the start of the new pricing.
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The retail price of a 19 kilogram commercial LPG cylinder in New Delhi is ₹1762 following the most recent decrease. The cost of commercial LPG cylinders was lowered by ₹7 on February 1.
Check the new rates in your city
- Mumbai – ₹1,713
- Bengaluru: ₹1,836
- Chennai: ₹1,921
- Hyderabad: 1,985
- Kolkata: ₹1,868
In the meantime, LPG prices are frequently updated by oil firms in response to shifts in the price of crude oil globally and other variables. This modification does not affect the cost of domestic LPG cylinders, which are used for cooking in homes.
The oil firms raised the prices of commercial 19 kilogram LPG cylinders by ₹62 in December. Small enterprises and commercial organizations that depend significantly on LPG for their operations are anticipated to be impacted by these price changes.
The update follows a larger pattern of fuel price changes in reaction to shifting global market conditions, which has been evident recently as a result of the unstable world order.
Restaurants, lodging facilities, and other businesses that depend on these cylinders for everyday operations would be directly impacted by this price change. Households are somewhat relieved that domestic LPG cylinder rates have remained unchanged despite the rise in commercial LPG costs.
State-by-state variations in LPG prices are caused by local taxes and shipping expenses. Even if the reduction is little, businesses nationwide will profit from the lower rates.