Commercial LPG cylinder prices have been increased by around ₹195 across India from April 1, impacting restaurants, hotels, and small businesses in Guwahati.
The revision was announced by state-owned oil companies, including Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum Corporation.
Commercial LPG cylinder prices have been increased by around ₹195 from April 1 across India, affecting businesses in cities like Guwahati. While commercial rates have risen significantly, domestic LPG cylinder prices remain unchanged, providing relief to households.
What This Means for Guwahati
In Guwahati, the hike is expected to directly impact:
- Restaurants and eateries
- Street food vendors
- Hotels and catering businesses
With higher fuel costs, businesses may face increased operational expenses, which could influence pricing of food and services in the city.
Sharp Increase in Commercial Cylinder Rates
In Delhi, the price of a 19-kg commercial LPG cylinder has risen from ₹1,883 to ₹2,078.50, marking a 10.4% increase.
This follows an earlier hike of ₹114.50 on March 7, indicating a continued upward trend in commercial fuel costs.
No Change in Domestic LPG Prices
Despite the hike in commercial cylinders, domestic LPG prices remain unchanged.
The 14.2-kg household cylinder price continues at previous levels, offering relief to households in Guwahati and across Assam.
The last revision in domestic LPG prices was a ₹60 increase on March 7.
Global Factors Driving the Price Rise
The increase in LPG prices is linked to rising global oil prices amid ongoing tensions in West Asia involving Iran, the United States, and Israel.
Key factors include:
- Disruption in global energy supply chains
- Nearly 50% surge in international oil prices
- Increased import costs for India
Monthly Price Revision System
Oil marketing companies revise LPG prices on the first day of every month, based on:
- International crude oil benchmarks
- Currency exchange rates
This system ensures prices reflect global market conditions.
Fuel Prices Remain Stable Otherwise
While LPG prices have seen changes, petrol and diesel prices remain unchanged.
In Delhi, petrol is priced at ₹94.72 per litre and diesel at ₹87.62 per litre, following a ₹2 per litre reduction last year.
Why This Matters for Guwahati
For a growing urban centre like Guwahati, rising commercial LPG costs can:
- Increase business expenses
- Impact food and service pricing
- Affect small and medium enterprises
At the same time, stable domestic LPG prices help cushion the impact for households.
What Happens Next
With global tensions continuing, LPG prices may remain volatile in the coming months.
Businesses in Guwahati are expected to monitor cost trends and adjust operations accordingly.
Frequently Asked Questions
1. Has the LPG price increased in Guwahati?
Yes, commercial LPG cylinder prices have increased by around ₹195, affecting businesses. Domestic LPG prices remain unchanged.
2. Why have LPG prices increased?
The hike is due to rising global oil prices caused by geopolitical tensions and supply disruptions in West Asia.