New Delhi: In a significant relief to resturants and eateries, Commercial LPG prices have dropped by Rs 183.50, effective July 1.
The price of the 19-kg commercial LPG in Delhi has come down to Rs 2,930. Prices of 5 kg FTL (Free Trade LPG) have also been reduced by Rs 13. 5 kg FTL will cost Rs 808.50 in Delhi, as per ANI sources. There would be no change in rates for household cylinders.
City-wise LPG Cylinder Prices (Effective July 1)
Delhi
Domestic LPG (14.2 kg): Rs 942
Commercial LPG (19 kg): Rs 2,930
Mumbai
Domestic LPG (14.2 kg): Rs 941.50
Commercial LPG (19 kg): Rs 2,885.50
Kolkata
Domestic LPG (14.2 kg): Rs 968
Commercial LPG (19 kg): Rs 3,081.50
Chennai
Domestic LPG (14.2 kg): Rs 957.50
Commercial LPG (19 kg): Rs 3,100
The cut in prices follows Indian Oil Corporation (IOC), the country's largest state-owned refiner and fuel retailer, raised the price of commercial LPG cylinders in June to Rs 3,113.50 from Rs 3,071.50, citing supply constraints triggered by the US-Iran-Israel war.
Meanwhile, the price cut comes amid a decline in international crude oil prices, following the easing of tensions in the Middle East and reduced concerns over potential supply disruptions.
