Commercial LPG prices hiked by Rs 42, 5-kg LPG up Rs 11

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New Delhi, June 1: Prices of commercial LPG – the one used in hotels and restaurants – as well as 5-kg market-priced LPG cylinders were on Monday hiked in line with global benchmarks, but rates of cooking gas used in household kitchens were kept unchanged.
The price of commercial LPG was hiked by Rs 42 to Rs 3,113.50 per 19-kg cylinder from Rs 3,071.50 in Delhi, industry sources said.
The latest increase follows a sharp Rs 993 hike implemented on May 1, taking commercial LPG prices to their highest-ever levels.
Prices of 5-kg free-trade LPG (FTL) cylinders were also increased by Rs 11 to Rs 821.50 per cylinder.
Household consumers were spared any increase, with the price of the 14.2-kg domestic LPG cylinder remaining unchanged at Rs 913 since early March, when rates were increased by Rs 60 per bottle.
The revisions are part of the monthly price review undertaken by state-owned oil marketing companies.
Prices vary from state to state depending on the incidence of local taxes, such as VAT. (PTI)

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