The prices of commercial gas cylinders have seen an increase across all four major metropolitan cities in India. This marks the second consecutive month of rising prices for commercial gas cylinders. Over the past two months, the price of commercial gas cylinders has surged by more than ₹45. On the other hand, prices for domestic gas cylinders have remained unchanged. The last adjustment in prices occurred in March 2024, after which there has been no variation. For the sixth month in a row, the prices have stayed the same as they were in March. Let’s delve into the current prices of both domestic and commercial gas cylinders in the major cities of the country.
Current Prices of Domestic Gas Cylinders
According to the Indian Oil Corporation Limited (IOCL) data, there has been no change in the prices of domestic gas cylinders in the four metropolitan cities for the sixth consecutive month. The last price change occurred on March 9, 2024. Since then, the prices have remained stable. In the national capital, Delhi, the price of a domestic gas cylinder stands at ₹803, while in Kolkata it is ₹829, in Mumbai ₹802.50, and in Chennai ₹818.50. Notably, on March 9, there was an increase of ₹100, followed by a reduction of ₹200 on August 30, 2023.
Rising Prices of Commercial Gas Cylinders
In contrast, commercial gas cylinder prices have risen for the second consecutive month. From Delhi to Chennai, the prices of commercial gas cylinders have increased by ₹38 to ₹39. In Delhi and Mumbai, the price increase has been ₹39, bringing the prices to ₹1691.50 and ₹1644, respectively. Meanwhile, Kolkata and Chennai witnessed a rise of ₹38, resulting in new prices of ₹1802.50 and ₹1855, respectively.
Price Increase Overview
The data reveals a consistent trend of increasing prices for commercial gas cylinders over the past two months. Specifically, in Delhi, the price of the commercial gas cylinder has jumped by ₹45.50. In Kolkata, the increase is noted at ₹46.50, while in Mumbai and Chennai, the prices have risen by ₹46 and ₹45.50, respectively. Experts suggest that we might see further hikes in commercial gas cylinder prices in the coming days.
Price Comparison Table
| City | Domestic Gas Cylinder Price (₹) | Commercial Gas Cylinder Price (₹) | Price Increase over Two Months (₹) |
|---|---|---|---|
| Delhi | 803 | 1691.50 | 45.50 |
| Kolkata | 829 | 1802.50 | 46.50 |
| Mumbai | 802.50 | 1644 | 46 |
| Chennai | 818.50 | 1855 | 45.50 |
Conclusion
The fluctuations in gas cylinder prices have significant implications for households and businesses alike. While domestic gas prices have stabilized, the rising costs of commercial gas cylinders could lead to increased expenses for industries reliant on these fuels. Consumers should stay informed about these changes, as they could impact service prices and overall economic conditions. As trends suggest that further increases could be on the horizon for commercial gas cylinder prices, remaining vigilant and adjusting budgets accordingly may be prudent.
