In December, the price of LPG Cylinder has increased twice. So far this month, non-subsidized cylinders have increased by Rs 100. Very soon LPG gas prices can be set at short intervals.
New Delhi. There is less than a week left for the new year to begin. With the beginning of the year 2021, there are going to be many changes in our lives. There are also some of these changes, which are going to have a direct impact on our everyday life. There can also be some special changes regarding the LPG cylinder used in almost all of our kitchens. It is possible that very soon now the prices of LPG Cylinder are also revised every week. In December, the total price of LPG has increased up to Rs 100.
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LPG gas prices increased twice in December
LPG prices have been revised twice in the month of December. Prices of LPG have been changed for the first time on 1 December and also on 15 December. It is decided on the basis of fuel price and foreign exchange rate in the international market during the first fortnight. However, some media reports have said that companies are now planning to revise the price of LPG cylinder weekly. Till now, customers have got mixed up with the daily changes in the prices of petrol and diesel. In such a situation, they will not have any problem even with the revision of LPG prices in a shorter period than before. However, it is also worth noting that no official information has been revealed about this yet.
LPG cylinder prices become cheaper. Check the latest rates here
The reason for revising the price of LPG cylinders in a short period is also similar to changing the price of petrol and diesel every day. Oil companies fix the price of petrol and diesel every day at 6 am. Actually, the price of petroleum products in the global market varies on a daily basis.
This is the reason why oil companies are now considering changing the price of gas cylinders on a day to day basis. By doing this, these companies will help in fixing the average price and they will be able to avoid incurring huge losses. Currently, these companies have to bear the loss due to rising prices in the international market.
Price currently LPG
Currently, capital of the non-subsidized 14.2-kg LPG prices cylinder 694 per cylinder to Rs. The same sentiment prevails in Mumbai. It is Rs 720.50 in Kolkata and Rs 710 per cylinder in Chennai. This increase in LPG cylinder prices has been implemented from 15 December 2020. The price of 5 kg gas cylinder has also been increased by up to Rs 18. However, the price of 19 kg commercial LPG gas-cylinder has been increased by Rs 36.50 per cylinder. The central government gives 12 subsidized gas cylinders in a year.
