Commercial LPG cylinder prices hiked Rs 42-53.50; Delhi rate hits Rs 3,113.50 from June 1
State oil marketers raised 19-kg commercial LPG prices, with Delhi at Rs 3,113.50 and Kolkata at Rs 3,255.50. The hike pressures margins for hotels, restaurants and QSR chains, while domestic cylinders remain untouched. Centre is simultaneously pushing 30-day strategic LPG reserves against 72,000-tonne daily demand.
What happened
Indian Oil Corporation · Commercial 19-kg LPG cylinder prices raised Rs 42-53.50 from June 1, hitting Rs 3,113.50 in Delhi and Rs 3,255.50 in Kolkata. Affects
Key facts
- Rs 42-53.50 hike
- Rs 3,113.50 Delhi
- Rs 3,255.50 Kolkata
- Rs 821.50 5kg FTL
- 30-day LPG reserve target
- 72,000 tonnes daily demand
Why this matters
Smaller unhedged restaurant chains will see EBITDA pressure mount, opening a window for consolidation plays and supply-chain JV talks with energy-efficient kitchen tech providers.