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Commercial LPG prices surge by Rs 21, restaurants feel the heat

Northeast NewsbyNortheast News
December 1, 2023
in Business
Commercial LPG prices surge by Rs 21, restaurants feel the heat

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GUWAHATI: In a move that is set to affect the restaurant and food business sector, Oil Marketing Companies (OMCs) have raised the prices of commercial LPG cylinders by Rs 21 per cylinder, effective from December 1.

The increase is expected to influence the operational expenses of individuals dining out, as it directly impacts the cost of fuel for cooking in commercial establishments.

Post the hike, the revised prices for a 19 kg LPG cylinder are as follows: Rs 1796.50 in Delhi, Rs 1908 in Kolkata, Rs 1749 in Mumbai, and Rs 1968.50 in Chennai.

Comparatively, the previous prices were Rs 1775.50 in Delhi, Rs 1885.50 in Kolkata, Rs 1728 in Mumbai, and Rs 1942 in Chennai.

This adjustment follows a Rs 100 increase on November 1 and a subsequent reduction of Rs 57 on November 16.

The cumulative impact of these fluctuations could potentially pose challenges for businesses relying on commercial LPG usage.

However, there’s a silver lining for domestic consumers, as there have been no alterations in the price of the 14.2 kg LPG gas cylinder used in household kitchens.

The cost remains consistent at Rs 903 per 14.2-kg cylinder. Earlier, the government had significantly reduced the price of this cylinder by Rs 200.

In aviation news, OMCs have implemented a 4.6% reduction in the price of Aviation Turbine Fuel (ATF). This marks the second reduction within a month.

The new ATF prices per kiloliter are Rs 1,06,155.67 in Delhi, Rs 1,44,639.70 in Kolkata, Rs 99,223.44 in Mumbai, and Rs 1,09,966.39 in Chennai.

This reduction is expected to bring some relief to domestic airlines, potentially leading to more affordable airfares for passengers. The move aligns with efforts to stimulate the aviation sector, contributing to the overall economic recovery.

Tags: LPGOil Marketing Companies
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