LPG price hike: Commercial LPG prices hiked ahead of the festive season

Ahead of the festive season, oil marketing companies have announced a hike in the prices of commercial LPG cylinders. This increase in LPG prices will directly impact restaurants, hotels, and other businesses that rely heavily on these cylinders for daily operations.

The price of a 19 kg commercial LPG gas cylinder has been increased by Rs 48.50. With this revision, a commercial LPG cylinder now costs Rs 1,740 in Delhi.

This price adjustment comes just days before the start of the festive season, a time when businesses are typically preparing for increased demand.

In addition to the 19 kg variant, the price of 5 kg Free Trade LPG cylinders has also been raised by Rs 12, further adding to the cost burden for smaller businesses and vendors who use these cylinders for their operations.

The price hike is expected to result in higher operating expenses for businesses, particularly in the hospitality and food sectors, where LPG cylinders are a critical component of their daily activities. As a result, consumers may see an increase in prices for food and other services during the festive period.

Interestingly, while commercial LPG prices have risen, domestic LPG cylinder rates remain unchanged, providing some relief to households. This means that families using LPG for cooking at home won’t feel the pinch of this price increase—at least for now.

This latest hike follows a similar increase that occurred on September 1, when the price of a 19 kg commercial LPG cylinder was raised by Rs 39. Prior to that, in July, oil companies had lowered prices by Rs 30 in a bid to ease the cost burden on businesses.

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