The price of commercial LPG (liquefied petroleum gas) in India has witnessed a substantial hike, reaching ₹209 per cylinder. This increase specifically affects the 19 kg cylinders commonly used in hotels and other commercial establishments. The price adjustment came into effect immediately, causing concerns among businesses relying on LPG for their operations.
As a result of this hike, the current price for a 19 kg cylinder in Kochi stands at ₹1747.50, while in Delhi, it has surged to ₹1731.50. This significant price fluctuation follows a recent reduction of ₹160 on September 1. However, the subsequent increase has impacted businesses, prompting them to reevaluate their operational costs and budgetary allocations.
The abrupt rise in commercial LPG prices creates challenges for businesses across various sectors. As establishments grapple with the financial implications, there is a growing need for strategic planning to navigate these increased operational expenses. It remains to be seen how businesses will adapt to these changes and whether further adjustments in pricing and consumption patterns will be necessary in response to this latest market shift.