Commercial cooking gas prices rose from 1 January, increasing costs for hotels, restaurants and other service businesses, while aviation turbine fuel (ATF) prices were cut, offering some relief to airlines. Oil marketing companies increased the price of a 19-kg commercial cooking gas cylinder by Rs 111 across major metros, adding fresh pressure on operating costs for hotels, restaurants and other businesses.
Following the hike, the price of a commercial LPG cylinder in Delhi now stands at Rs 1,691.50. In Mumbai, rates rose to Rs 1,642.50 from Rs 1,531.50, while Kolkata saw prices increase to Rs 1,795. Chennai recorded one of the steepest hikes, with cylinder prices climbing to Rs 1,849.50.
Domestic LPG prices were left unchanged.
The increase is expected to add to operating costs for businesses that rely heavily on cooking gas, particularly in the hospitality sector.
In contrast, oil companies cut ATF prices from January 1, lowering rates from Rs 864.35 to Rs 791.48. The reduction is expected to ease fuel-related expenses for airlines, for whom jet fuel accounts for a significant share of operating costs.
In the previous monthly revision in November, oil companies had lowered commercial LPG prices by up to Rs 6.50 in major cities, while raising ATF prices by nearly 1 per cent. At that time, the price of a commercial LPG cylinder in Delhi had fallen to Rs 1,590.50, following a Rs 15.50 increase in September.
ATF prices were raised by Rs 777 per kilolitre in November, marking a second straight monthly increase after a sharp rise in October. Fuel typically accounts for around 40 per cent of airlines’ operating costs in India. |
