New Delhi: Oil marketing companies have announced a reduction in the prices of commercial LPG cylinders, effective from Saturday. This price cut applies to 19 kg commercial LPG cylinders, which are widely used in restaurants, hotels, and various businesses.
New LPG Prices in Delhi and Other Cities
With this revision, the cost of a 19 kg commercial LPG cylinder in Delhi has decreased by ₹7, bringing the new retail price to ₹1,797. Similar reductions are expected in other cities, though the exact price change may vary due to local taxes and transportation costs.
While this reduction is relatively small, it provides some relief to businesses that depend on LPG for daily operations.
Impact on Businesses
The revised rates will benefit commercial establishments such as hotels, eateries, and small businesses that rely on LPG cylinders for cooking and other purposes. Since operating costs in the food and hospitality industry are already high, even minor changes in LPG prices can significantly affect expenses.
Oil marketing companies adjust LPG prices regularly based on global crude oil trends and other economic factors. In December, the price of commercial LPG cylinders was increased by ₹62, which added to business costs. The latest price cut follows ongoing adjustments in fuel prices due to fluctuations in the international market.
No Change in Domestic LPG Prices
While commercial LPG prices have been revised, domestic LPG cylinder rates remain unchanged. This provides stability for households, as changes in cooking gas prices directly impact consumers.