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Commercial LPG cylinder price cut by Rs 158 after domestic LPG rate lowered

On Friday, September 1, sources revealed that Public Sector Oil Marketing Companies (OMCs) had decreased the price of 19 KG Commercial LPG Gas Cylinders by Rs 158, days after the price of Domestic LPG was dropped.

The most recent pricing will take effect right away. The cost of the commercial LPG cylinder weighing 19 kg is Rs 1,522.

On the occasion of Raksha Bandhan, the Center reduced the cost of domestic LPG by Rs 200.

Every month, LPG (liquefied petroleum gas) cylinder prices are revised, with the new rates taking effect on September 1 for both household and commercial LPG cylinders.

The OMCs had reduced the cost of commercial LPG cylinders by Rs 99.75 earlier in the month. Commercial LPG gas cylinder costs increased by Rs 7 apiece in July.

In May and June of this year, there were two consecutive price reductions for commercial LPG cylinders.

While OMCs cut the cost of a commercial LPG cylinder by Rs 172 in May, they only cut it by Rs 83 in June.

In April, the costs were decreased by Rs 91.50 per unit.

Domestic LPG cylinder prices increased by Rs. 50 per unit and commercial LPG cylinder prices increased by Rs. 350.50 per unit on March 1 of this year.

Conclusion:-

Public Sector Oil Marketing Companies (OMCs) have reduced the price of 19 kg Commercial LPG Gas Cylinders by Rs 158, following a drop in domestic LPG prices. The most recent pricing will take effect immediately, with the cost of the commercial LPG cylinder at Rs 1,522. The new rates will take effect on September 1 for both household and commercial LPG cylinders. The OMCs previously reduced commercial LPG cylinder costs by Rs 99.75 earlier in the month. In May and June, OMCs cut commercial LPG cylinder costs by Rs 172 and 83, respectively. Domestic LPG cylinder prices increased by Rs 50 per unit and commercial LPG cylinder prices by Rs 350.50 per unit on March 1.

Sunil Pandey
Sunil Pandey
The business professional who loves penning down his thoughts/ insights on business, entrepreneurship, & startups. His ability to break down complex business concepts into easy & concise write-ups makes him a wonderful author. He believes that writing is a powerful tool for communication and education.

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