This price hike has come into effect across the country from today. However, the only relief is that the government has increased the price of a 19-kilogram commercial gas cylinder, while the price of a domestic gas cylinder has remained unchanged.

How much did the cylinder become more expensive where?

Domestic cylinder prices have not decreased

In addition to commercial gas cylinders, domestic gas cylinder prices are also skyrocketing. The public has been waiting for a price reduction for quite some time. However, there has been no relief yet. Domestic gas cylinders were last replaced in April. At that time, the price of domestic cylinders was also increased by 50 rupees.

Public expectations dashed

The public was hoping for a reduction in the price of domestic gas cylinders during Dussehra and Diwali. However, this time too, their hopes have been dashed. The government has not reduced the price of domestic gas cylinders in October. However, the price of commercial cylinders has been increased by 16 rupees.

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LPG Cylinder Price Hike: March has started with inflation, because the food budget will increase from today. On March 1, the prices of LPG gas cylinders have been increased once again. However, oil marketing companies have increased the prices of commercial cylinders this time too. Commercial LPG cylinder has become costlier by Rs 25 in Delhi and by Rs 26 in Mumbai.

New rates for commercial LPG cylinders have been released on the IOCL website, which have come into effect from March 1. Now commercial LPG cylinder will be available in Delhi for Rs 1795, while in Mumbai the price will be Rs 1749. At the same time, the price in Kolkata has become Rs 1911. It is a matter of relief that there has been no change in the price of domestic cylinders.

Domestic gas cylinder prices did not increase

The last time domestic cylinder rates were changed was in August. The last time their prices were reduced by Rs 200 was on August 30, 2023. This increase in the price of LPG commercial gas cylinder has happened when the government on Thursday decided to increase the price of domestic natural gas. The price of domestic natural gas has been increased to $ 8.17 per million metric British thermal units (mmBtu), which was $ 7.85 per mmBtu last month.

Along with commercial LPG cylinders, oil companies have also increased the prices of jet fuel. This increase has been made after four consecutive price cuts. The new increased rates of aviation fuel will also be applicable from today.

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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.

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