The price of commercial LPG cylinder has been increased by Rs 14. However, there has been no change in the price of domestic LPG gas cylinder.
LPG Cylinder Price Hike: From 1st February i.e. today, the pockets of customers using LPG cylinders will be looser. Oil marketing companies have increased the prices of gas cylinders. According to the report of CNBC-TV18, Oil Marketing Companies (OMC) have increased the prices of 19 kg commercial LPG gas cylinders on February 1, which has come into effect from today.
The price of commercial LPG cylinder has increased by Rs 14. With this increase, the price of 19 kg commercial LPG cylinder has increased from Rs 1,755.5 to Rs 1,769.50 per cylinder. However, there has been no change in the price of domestic LPG gas cylinder.
What will be the effect of increasing prices?
Hotel food may become expensive after the increase in the prices of commercial LPG cylinders. When you go to a restaurant, you will have to pay a higher bill than before. However, this will not have any impact on the kitchen budget of the house. People associated with hotel-restaurant business may have to make price adjustments again to maintain profits as well as sales.