• Source:JND
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In a huge setback, the prices of commercial LPG cylinders have been hiked by Rs 209, with effect from today, October 1. As a result of this, the price of a 19-kg commercial LPG cylinder will now be Rs 1,731.50 from October 1 onwards in New Delhi and Rs 1,684 in Mumbai. The price of domestic LPG - the one used in household kitchens for cooking purposes - remained unchanged at Rs 903 per 14.2-kg cylinder.

The decision has come just a month after OMCs had slashed the prices of commercial LPG cylinders by a significant Rs 158, with effect from September 1, thus bringing their price down to Rs 1,522 in the national capital. It also comes just over a month after the Centre cut prices of domestic LPG cylinders by Rs 200 for all connection holders across the country, in August.

Monthly revisions for both commercial and domestic LPG (liquefied petroleum gas) cylinders are done on the first day of each month. Earlier in August too, the prices of commercial LPG cylinders were cut by Rs 99.75 by OMCs.

Meanwhile, Petrol and diesel prices continued to remain on freeze for a record 18th month in a row. Petrol costs Rs 96.72 per litre in the national capital and diesel comes for Rs 89.62 per litre.

Also, prices of Jet fuel or ATF price were hiked by 5 per cent -- the fourth straight monthly increase since July. Aviation turbine fuel (ATF) price was increased by Rs 5,779.84 per kilolitre, or 5.1 per cent, in the national capital to Rs 118,199.17 per kl from Rs 112,419.33, according to a price notification of state-owned fuel retailers. The fourth straight increase in prices of jet fuel, which makes up for 40 per cent of an airline's operating cost, will increase the burden on already financially strained airlines.

(With Agency Inputs)

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