LPG Price Hike: Commercial Cylinder Rates Surge in India

The recent hike in the price of commercial LPG gas cylinders has raised eyebrows across various sectors in India. As of now, the price of a 19 kg commercial LPG cylinder has surged by ₹62, bringing the total cost to ₹1,740. This increase is particularly concerning for restaurants, hotels, and other commercial establishments that depend heavily on LPG for their daily operations. With operational costs on the rise, businesses may be forced to pass these expenses onto consumers, leading to higher prices for food and services.

In October 2024, oil marketing companies had already raised the price of commercial LPG cylinders by ₹48.50, which had previously set the cost at ₹1,691.50. This pattern of price adjustments reflects the ongoing fluctuations in the market, which can be attributed to various economic factors. Additionally, the 5 kg Free Trade LPG cylinders also saw an increase of ₹12 during that same period, further complicating the financial landscape for small businesses.

On September 1, the price of a 19 kg commercial LPG gas cylinder was raised by ₹39, which had brought the retail sales price to ₹1,691.50 in Delhi. Despite these rising costs for commercial LPG, it is noteworthy that domestic LPG cylinder prices have remained stable. This stability offers some relief to households, but it also highlights the disparity in challenges faced by consumers and businesses alike during these economically turbulent times.

Moreover, the price of 5 kg Free Trade LPG cylinders has increased by ₹15, while the rates for 14.2 kg cylinders have remained unchanged. This inconsistency in pricing can create confusion among consumers and businesses, making it essential for them to stay informed about the latest developments in LPG pricing.

The recent price hike in commercial LPG cylinders is a significant concern for many sectors that rely on this essential resource. As businesses grapple with increased operational costs, consumers may soon feel the pinch in their pockets. It is crucial for both businesses and consumers to remain vigilant and adapt to these changes, as the economic landscape continues to evolve. Understanding these dynamics can help individuals and businesses make informed decisions in these challenging times.