Commercial use cooking gas cylinder price drop..!?

While the price of natural gas is increasing up to 40 percent in the international market, the price of cooking gas cylinders for commercial use in india has been reduced. The price of the cooking gas cylinder for commercial use and the price of the cooking gas cylinder for domestic use are changed on the 1st of every month. So let's take a look at this month's cooking gas cylinder price change for commercial use in detail here.
19 kg LPG cylinder in chennai is being sold for Rs 2009.50. The price of a 19 kg cooking gas cylinder is Rs 1859.50 in Delhi, Rs 1959 in Kolkata, and Rs 1811.550 in Mumbai. The price of a 14.2 kg cylinder without subsidy is selling at Rs 1068.50 in chennai, Rs 1053 in Delhi, a maximum of Rs 1079 in Kolkata, and Rs 1052 in Mumbai. This price has remained unchanged since July.Rupee value plays a major role in cooking gas price changes. The indian rupee continued to depreciate from 81 rupees to 64 paise against the US dollar. If the value of the indian rupee continues to fall like this, the price of cooking gas will rise again. So for now there is no chance of the subsidized cooking gas cylinder price coming down.Cooking gas cylinder prices in india are calculated based on a formula called Import Parity Price (IPP). india uses the IPP formula as it imports most of its crude oil from Saudi Aramco. Hence, crude oil price plays an important role in determining LPG price. With natural gas prices increasing up to 40 percent in the international market, cooking gas cylinder prices for commercial use in india have been slashed. The gas cylinder price for commercial use is revised on the 1st of every month and the cooking gas cylinder price for domestic use on the 15th.

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commercial cylinder

Sowmiya Sriram

01/10/2022 05:58 PM