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Parami News > Blog > Most Recent Stories > LPG price hike: 19kg commercial gas cylinder price hiked by Rs 48.50 | Parami News
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LPG price hike: 19kg commercial gas cylinder price hiked by Rs 48.50 | Parami News

Atulya Shivam Pandey
Last updated: October 1, 2024 12:43 pm
Atulya Shivam Pandey
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2 Min Read
LPG price hike: 19kg commercial gas cylinder price hiked by Rs 48.50 | Parami News
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Gas marketing company On Tuesday, the commercial selling price of 19 kg LPG cylinder was increased. Rs 48.50 was the price before the holidays and the new price will come into force from 1st October This is the break on the prices of 19 kilograms bringing it further down by Rs 48.50. The supply cost of 5 kg Free Trade LPG Cylinders Cost went up by Rs 12.

Thus, the price of 19 kg LPG cylinder in Delhi has now become Rs 1740, after the last revision of price at Rs 1691.50. Some of them, published last month, showed that on September 1 the 19-kg commercial LPG cylinder in Delhi was getting up to Rs 1691.50 in the retail, as Petroleum Marketing Corporation had said that they were adding Rs 39 to the selling price of the 19-kg commercial cylinder.

It is the third month in a row that the price of 19kg LPG cylinder has gone up which is a total of Rs 94 increase in the last 3 months. Countrywide implementation of the price revision has also affected restaurants, hotels and other business enterprises usages of LPG for cooking which has become central to their operational requirements.

Though domestic LPG gas cylinder rates unchanged which brought some relief for the household sector. The holding of market prices of domestic LPG has completed defrayal of some of the household expenditure burdens during the times while other commodities needed for daily activities soar in present day.

With the rise in commercial LPG prices, it is reasonable to expect a rise in the operational costs of organizations within different industries. This may lead to an increase in prices for end users in various industries because due to the increase in cost s, companies adjust their investment strategies.

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