The price of commercial LPG cylinders was reduced by Rs 33.50 on Thursday — coming into effect from August 1. Oil marketing companies have announced a series of concessions in recent months with prices dropping by Rs 157 over the past four months. Charges for domestic LPG cylinders — particularly the 14.2 kg cylinders — remain unchanged.
The move is expected to provide relief to small businesses — such as restaurants, hotels, and food vendors — that rely heavily on commercial LPG for daily operations. The reduction is the latest in a series of price cuts on commercial LPG cylinders announced in recent months. Prices had previously fallen by Rs 58.50 at the beginning of July. OMCs had also announced reduction of prices by Rs 24 in June, Rs 41 in April, and Rs 7 in February — with only a marginal hike of Rs 6 in March.
What is the revised cost?
The rate of commercial LPG gas cylinders has been reduced by Rs 33.50 from August 1. The retail sale price for a 19 kg commercial LPG cylinder will be therefore be Rs 1631.50 from Friday. The 19 kg commercial LPG cylinder will now retail for Rs 1735.50 in Kolkata and Rs 1790 in Chennai. The price in Mumbai will be somewhat lower at Rs 1583 per cylinder.
The base price is set by he state-run oil marketing companies and revised regularly on the basis of international crude oil prices and other factors. The final price varies across cities due to local taxes and logistical costs.