NEW DELHI: The Oil advertising and marketing corporations on Tuesday raised the price of 19-kg commercial LPG cylinders by Rs48.50, forward of the festive season with the brand new charges taking impact from October 1.
Additionally, the price of 5-kg Free Trade LPG cylinders has gone up by Rs 12.
As a results of the hike, a 19-kg LPG cylinder in Delhi will now value Rs 1,740 in comparison with Rs 1,691.50 earlier.
Earlier on September 1, the oil advertising and marketing corporations raised the price of 19 kg commercial LPG gas cylinders by Rs 39, following which the retail gross sales price of a 19 kg commercial LPG cylinder in Delhi reached Rs 1,691.50.
This marks the third consecutive month-to-month hike within the price of the 19-kg LPG cylinder, with a complete enhance of Rs 94 over the previous three months.
This price adjustment has been applied nationwide, impacting eating places, accommodations, and different commercial institutions that depend upon LPG for his or her cooking and operational necessities.
However, home LPG cylinder charges have remained unchanged, offering some respite to households. The stability in home LPG costs has helped to alleviate the monetary burden on households amidst the rising prices of different important commodities.
The elevated value of commercial LPG might result in larger working bills for companies throughout varied sectors. As a consequence, this might doubtlessly set off an increase in costs for finish shoppers in several industries, as corporations might search to offset the elevated prices by adjusting their pricing methods.
