Price Increase for Commercial Gas Cylinders
On December 1st, oil companies have decided to raise the prices of commercial gas cylinders. In Delhi, this means that the price will go up by Rs 16.50, bringing the total cost to Rs 1818.50. This hike isn’t just limited to Delhi; it reflects a nationwide increase that has taken effect today. For those living in other major cities, the price of a commercial gas cylinder has also seen a rise. For instance, in Kolkata, the cost is now Rs 1927.00, while in Mumbai and Chennai, the prices are Rs 1771.00 and Rs 1980.50, respectively.
Consistent Price Hikes
Interestingly, this marks the fifth consecutive month that the prices of LPG cylinders have been raised. However, it’s worth noting that there has been no change in the prices of 14-kilo domestic LPG cylinders. This ongoing trend of increasing costs for commercial gas cylinders raises concerns for businesses that rely heavily on these resources for operations. As the prices continue to rise, many are left wondering how this will impact their budgets moving forward.
Monthly Price Adjustments by Government Oil Companies
It’s important to remember that government oil companies typically adjust the prices of LPG cylinders on the first day of each month. Among the four major metro cities, Kolkata now holds the title for the most expensive cylinder, while Mumbai offers the lowest price. This pricing strategy can significantly impact consumers and businesses alike, highlighting the importance of keeping an eye on these monthly changes. As we head into a new month, it will be interesting to see if these trends continue.
SHOTRS COVERAGE.
Oil companies raised commercial gas cylinder prices on December 1, with Delhi’s price increasing by Rs 16.50 to Rs 1818.50. New rates apply nationwide, with Kolkata’s price at Rs 1927.00, Mumbai’s at Rs 1771.00, and Chennai’s at Rs 1980.50. This marks the fifth consecutive month of LPG price hikes, though domestic 14 kg LPG cylinder prices remain unchanged. Prices are reviewed monthly by government oil companies, with Kolkata having the highest rates and Mumbai the lowest among major cities.
