India Cuts 19-kg Commercial LPG Price by Rs 183.5 as Supplies Improve
Updated
Updated · Moneycontrol · Jul 1
India Cuts 19-kg Commercial LPG Price by Rs 183.5 as Supplies Improve
3 articles · Updated · Moneycontrol · Jul 1
Summary
July 1 brings a Rs 183.5 cut in the 19-kg commercial LPG cylinder in Delhi and Lucknow, taking Delhi's price down to Rs 2,930 from Rs 3,113 after earlier war-driven hikes.
Improved fuel availability drove the rollback, which is aimed at easing costs for restaurants, hotels and other businesses and helping curb inflation pressures.
City-level reductions varied, with Kolkata down Rs 174 to Rs 3,081.50, Patna down Rs 173 to Rs 3,227 and Chandigarh down Rs 181.5 to Rs 2,954.50.
Domestic 14.2-kg LPG prices were left unchanged, while India last week restored 50% of suspended commercial and industrial LPG allocations after earlier curbs to protect household supply.
The relief follows India's push to replace disrupted Middle East cargoes—once about 90% of imports—with higher US purchases, which are expected to top a record 1 million metric tons in June.