Commercial LPG Cylinders Get Cheaper by ₹41 Starting Today

Oil marketing companies have slashed the prices of 19 kg commercial LPG cylinders by ₹41, effective from today. This latest revision is expected to offer slight relief to businesses and commercial establishments that rely on LPG for daily operations.

Current LPG Cylinder Prices

• In Delhi, a 19 kg commercial LPG cylinder will now cost ₹1,762.
• The last price cut occurred on February 1, reducing rates by ₹7.

While commercial LPG prices have been revised, domestic LPG cylinder prices remain unchanged, ensuring no immediate impact on household consumers.

Factors Influencing LPG Price Changes

LPG prices are regularly adjusted based on fluctuations in global crude oil rates and other market conditions. In December, oil companies had increased the price of 19 kg commercial LPG cylinders by ₹62, making this reduction a welcome change for businesses.

Impact on Businesses

The price adjustment will primarily benefit restaurants, hotels, and other commercial establishments that rely on LPG for cooking and operations. However, the reduction is relatively small and may not significantly ease operational costs.

State-Wise Variations

LPG prices vary across states due to differences in local taxes and transportation costs. Businesses in different regions will experience slightly varied pricing based on these factors.

This revision is part of broader fuel price adjustments in response to ongoing fluctuations in the global market. While the reduction is modest, it offers some relief to businesses grappling with rising operational expenses.