LPG Cylinder Rate: Giving relief to the common consumers of the country, the government has not increased the prices of domestic cylinders since March, whereas the rates of commercial cylinders have been increased once again.

LPG Cylinder Rate on June 3: LPG prices in the country remain stable today, June 3rd. Oil companies have maintained the rates issued on June 1st. However, the price of 19-kg commercial gas cylinders has been increased on June 1st. The price has been increased by approximately ₹42. Additionally, the price of 5-kg "Chhotu" gas cylinders, which are generally popular among small families and customers with limited usage, has also been increased.

City-wise LPG cylinder prices

Relief to the general public

The government has provided relief to ordinary consumers by leaving domestic cylinder prices unchanged in June. However, the 19-kg commercial cylinder used in hotels, restaurants, and restaurants has become more expensive. It was initially hiked by ₹993 in May. Then, in June, the rate was increased by approximately ₹42. Oil companies have also increased the price of 5-kg free-trade (FTL) gas cylinders. Now, the price in Delhi has risen to ₹821.50.

Why was the price increased?

The increase in gas cylinder prices in June is also due to geopolitical tensions and disruptions in the global supply chain. Since India imports approximately 60% of its LPG needs from Middle Eastern countries, the tensions there have made it difficult and expensive for gas cargoes to reach India. This is increasing companies' input costs.

 PC: Energy Watch