[ad_1]
NEW DELHI: The price of commercial LPG refills was raised by Rs 209 on Sunday following an uptick in benchmark rates, but household cylinder rates remain unchanged.
The increase comes after two rounds of reductions in August and September totalling about Rs 250. The move will, however, raise the fuel cost of small eateries, sweatmeat shops, caterers and canteens ahead of the festive and marriage seasons when sales rise.
After the increase, each blue coloured commercial refill of 19 kg will cost Rs 1,731.50 in Delhi, Rs 1,684 in Mumbai, Rs 1,898 in Chennai and Rs 1,839 in Kolkata.
The price of commercial LPG refills was last slashed by Rs 158 on September 1 and by Rs 99.75 on August1. These refills are sold at market rates that are benchmarked to Saudi Contract Price. India is heavily dependent on imports and Saudi Arabia is the top supplier of LPG.
The price of red coloured domestic cylinders of 14.2 kg remains unchanged at Rs 903. The domestic refill prices were reduced by Rs 200 on September 1 in tune with decline in benchmarks. The government had described the move as PM Narendra Modi’s gift to women on the occasion of Rakhi, a festival where sisters tie a string on wrists of brothers in recognition of their protection.
The increase comes after two rounds of reductions in August and September totalling about Rs 250. The move will, however, raise the fuel cost of small eateries, sweatmeat shops, caterers and canteens ahead of the festive and marriage seasons when sales rise.
After the increase, each blue coloured commercial refill of 19 kg will cost Rs 1,731.50 in Delhi, Rs 1,684 in Mumbai, Rs 1,898 in Chennai and Rs 1,839 in Kolkata.
The price of commercial LPG refills was last slashed by Rs 158 on September 1 and by Rs 99.75 on August1. These refills are sold at market rates that are benchmarked to Saudi Contract Price. India is heavily dependent on imports and Saudi Arabia is the top supplier of LPG.
The price of red coloured domestic cylinders of 14.2 kg remains unchanged at Rs 903. The domestic refill prices were reduced by Rs 200 on September 1 in tune with decline in benchmarks. The government had described the move as PM Narendra Modi’s gift to women on the occasion of Rakhi, a festival where sisters tie a string on wrists of brothers in recognition of their protection.
[ad_2]
Source link
