Noida, Sep 1 (APAC Media): Prices of commercial LPG cylinders were increased by around ₹10 per cylinder on Tuesday in the latest monthly revision that is likely to raise operating costs for restaurants, hotels and other businesses.
The price of a 19-kg commercial LPG cylinder in Delhi has been raised by ₹9.50 to ₹2,747.50. In Mumbai, the cylinder will now cost ₹2,701, while consumers in Kolkata will have to pay ₹2,884 after an increase of ₹11.50. In Chennai, the price has gone up by ₹10.50 to ₹2,916.50.
The increase comes after commercial LPG prices were cut by about ₹380 per cylinder over the previous two monthly revisions.
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“Commercial LPG prices are revised every month in line with changes in international energy prices and other market factors,” an industry source said.
The latest increase, however, does not apply to domestic LPG cylinders. The price of a 14.2-kg cooking gas cylinder used by households has been kept unchanged.
The move is expected to put some pressure on businesses that use commercial cylinders extensively. Restaurants, hotels, catering companies and small food outlets could see their fuel bills rise following the revision.
“Any increase in cooking fuel costs adds to the operating expenses of food businesses. Depending on the overall cost structure, some establishments may eventually pass on part of the increase to customers,” a restaurant industry representative said.
The price of 5-kg free-trade LPG cylinders has also been raised by around ₹2 to ₹764.
The latest revision comes at a time when global energy markets remain volatile. International crude oil and gas prices have been affected by geopolitical tensions and supply concerns, which can influence domestic fuel prices.
Separately, aviation turbine fuel (ATF) prices were also raised on Tuesday. ATF prices for domestic airlines have been increased by ₹6.28 per litre to ₹121.28 per litre.
The increase in commercial LPG prices is likely to be watched closely by the hospitality and food-service sectors, particularly smaller businesses operating on tight margins.
For household consumers, however, there is no immediate change in cooking gas prices, with the 14.2-kg domestic LPG cylinder continuing to be sold at the existing rate.
The monthly revision once again highlights the difference between commercial and domestic LPG pricing, with businesses remaining more exposed to fluctuations in energy and international market conditions.
–ENDS–
Disclaimer: This article is for informational purposes only and is based on publicly available information. APAC Media is not responsible for investment decisions or losses. Please conduct your own research or consult a financial adviser before investing.
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