The Commercial LPG cylinder price hiked by ₹993 has significantly increased operational costs for businesses across India. Announced on Friday, this marks the third consecutive monthly increase, driven by rising global energy prices and supply disruptions. The steep jump highlights the growing pressure on commercial users due to the Commercial LPG cylinder price hiked by ₹993.
Sharpest Monthly Increase So Far
A 19-kg commercial LPG cylinder, widely used by hotels and restaurants, now costs ₹3,071.50 in Delhi, up from ₹2,078.50. This is the highest single increase recorded in recent months.
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The latest Commercial LPG cylinder price hiked by ₹993 follows earlier hikes of ₹195.50 on April 1 and ₹114.50 on March 1. In total, prices have surged by ₹1,303 over the past three months, creating a heavy financial burden on small and medium businesses.
Domestic LPG Prices Remain Stable
Despite the sharp Commercial LPG cylinder price hiked by ₹993, domestic consumers have not been affected. The 14.2-kg household LPG cylinder continues to be priced at ₹913 in Delhi.
This contrast shows how the current pricing strategy focuses on shielding household users while shifting the burden to commercial sectors.
What Is Driving the Price Surge
Oil marketing companies revise LPG prices monthly based on global benchmarks and currency fluctuations. The ongoing West Asia conflict has disrupted supply chains, particularly through the Strait of Hormuz, a key global oil transit route.
Global crude oil prices have surged nearly 50% in recent weeks, directly leading to the Commercial LPG cylinder price hiked by ₹993.
Limited Impact, Says IOC
Indian Oil Corporation (IOC) stated that the Commercial LPG cylinder price hiked by ₹993 impacts only a small segment. Bulk and commercial LPG account for less than 1% of total consumption, limiting its overall economic impact.
Meanwhile, petrol and diesel prices remain unchanged at ₹94.72 and ₹87.62 per litre in Delhi.
FAQs
Q: Why was the Commercial LPG cylinder price hiked by ₹993?
A: The Commercial LPG cylinder price hiked by ₹993 due to rising global crude oil prices and supply disruptions in West Asia.
Q: How much has LPG price increased in total recently?
A: With the latest Commercial LPG cylinder price hiked by ₹993, the total increase over three months is ₹1,303.
Q: Are domestic LPG cylinder prices affected?
A: No, domestic LPG prices remain unchanged despite the Commercial LPG cylinder price hiked by ₹993.
Q: Who is impacted most by the price hike?
A: Businesses like hotels and restaurants are most affected by the Commercial LPG cylinder price hiked by ₹993.
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