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Commercial LPG Prices Jump, Domestic Unchanged
1 Jun
Summary
- Commercial LPG prices increased by ₹42 to ₹3,113.50 per cylinder.
- Domestic LPG prices remain steady at ₹913 per 14.2-kg cylinder.
- Aviation turbine fuel for international airlines saw a $400 per kl price cut.
Commercial liquefied petroleum gas (LPG) prices have been increased by ₹42, setting the price for a 19-kg cylinder at ₹3,113.50. This revision impacts businesses such as hotels and restaurants. Conversely, the price of domestic LPG, commonly used in households, has been held steady at ₹913 for a 14.2-kg cylinder.
The price of 5-kg Free Trade LPG (FTL) cylinders has also seen an increase of ₹11, now priced at ₹821.50 per cylinder. These smaller cylinders are often used by students and migrant workers. Meanwhile, aviation turbine fuel (ATF) for international airlines has been reduced by $400 per kilolitre to $1,100 per kilolitre.
Prices for petrol and diesel for both retail and bulk consumers have been kept unchanged on this revision date. Oil companies are currently facing significant daily under-recoveries, estimated at ₹650 crore, from selling petroleum products below cost.
