Liquefied petroleum fuel (LPG) costs for business cylinders had been hiked by Rs 102.50 on Sunday.

LPG business cylinder value hiked

Oil advertising firms (OMCs) have elevated the worth of a 19 kg business LPG cylinder by roughly Rs. 102 with rapid impact. On Sunday, May 1, the worth of a 19-kg business LPG cylinder elevated by Rs 102.50. The cylinder, which was beforehand priced at Rs 2253, will now value Rs 2355.50.

In addition, a 5-kg LPG cylinder now prices Rs 655. Earlier this month, on April 1, the worth of a 19-kg business LPG cylinder was hiked by Rs 250 to Rs 2,253. On March 1, the worth of economic LPG was hiked by Rs 105.

LPG Rates In Your Region

The 19 kg business cylinder now prices Rs. 2355.50 within the nationwide capital, up from 2253 per cylinder beforehand. In Mumbai, the worth of economic LPG was raised to Rs. 2,307 per cylinder from Rs. 2,205 earlier than. In Kolkata, nonetheless, a 19-kg cylinder would value Rs.2,455 slightly than Rs. 2,351.

At the identical time, as an alternative of Rs. 2,406, a buyer in Chennai must spend Rs. 2,508 beginning immediately. Meanwhile, a 5kg LPG cylinder prices Rs. 655 within the nationwide capital proper now. The value rise is because of a rise in international power costs because of the Ukraine disaster and provide issues.

However, there may be some comfort that this value hike has occurred in business fuel cylinders slightly than home LPG cylinders. Following the meeting elections in 5 states, the costs of petrol, diesel, and LPG have been steadily growing.

The discounted home LPG cylinder value rose by Rs. 50 on March 22. Previously, there was no change within the value of home LPG cylinders after October 6, 2021.

First revealed on: 01 May 2022, 10:06 IST



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