LPG Gas Cylinder Rates May Change Ahead of Holi, What You Should Know
As Holi approaches, households and businesses across India are keeping a close watch on LPG cylinder prices. Oil marketing companies are scheduled to revise rates on March 1, a routine monthly update that often brings changes. With past trends showing frequent hikes in March, many consumers are wondering whether this year will bring relief or another increase.
Current Domestic LPG Rates in Major Cities
According to the latest data available on the Indian Oil Corporation website, the price of a 14.2 kg domestic LPG cylinder currently stands at:
These are the existing rates, and any revision announced on March 1 will directly impact household budgets.
For commercial LPG cylinders, which are mainly used by restaurants, hotels, and small businesses, the current prices are significantly higher:
Commercial users are particularly sensitive to price hikes, as higher fuel costs often lead to increased food and service prices.
What Has Happened in March Over the Past Five Years?
A look at the last five years shows that March has often been a month of price changes, especially for commercial cylinders.
For domestic LPG cylinders:
On March 1, 2021, consumers faced a ₹25 increase, taking prices above ₹800 in major cities.
Although revisions did not happen every single March, whenever there was a change, it generally resulted in a price hike.
Commercial Cylinders Have Seen Bigger Shocks
The trend has been even sharper for commercial LPG cylinders.
In March 2023, prices increased by over ₹100 in key cities. Delhi saw a jump of about ₹105, while Kolkata, Mumbai, and Chennai experienced hikes between ₹106 and ₹108.
In March 2022, rates were revised twice in the same month. The first revision on March 1 itself pushed prices up by more than ₹100 in several cities. Such increases significantly raised operating costs for eateries and small businesses.
With Holi festivities around the corner, families will be hoping that domestic LPG rates remain stable. Any hike just before a major festival can put extra pressure on monthly budgets.
The final picture will become clear once oil marketing companies announce the new rates on March 1. Until then, consumers and businesses alike are advised to stay alert and check official updates before making advance bookings or large purchases.
Disclaimer: This article is for informational purposes only. LPG prices are subject to revision by oil marketing companies and may vary by city. Readers are advised to check official company websites or authorized distributors for the latest and accurate cylinder rates before booking.
Current Domestic LPG Rates in Major Cities
According to the latest data available on the Indian Oil Corporation website, the price of a 14.2 kg domestic LPG cylinder currently stands at: - Delhi: ₹853
- Kolkata: ₹879
- Mumbai: ₹852.50
- Chennai: ₹868.50
These are the existing rates, and any revision announced on March 1 will directly impact household budgets.
For commercial LPG cylinders, which are mainly used by restaurants, hotels, and small businesses, the current prices are significantly higher:
- Delhi: ₹1,740.50
- Kolkata: ₹1,844.50
- Mumbai: ₹1,692
- Chennai: ₹1,899.50
Commercial users are particularly sensitive to price hikes, as higher fuel costs often lead to increased food and service prices.
What Has Happened in March Over the Past Five Years?
A look at the last five years shows that March has often been a month of price changes, especially for commercial cylinders.
For domestic LPG cylinders:
- On March 1, 2023, prices were increased by ₹50. In Delhi, the rate rose to ₹1,103, with similar increases recorded in Kolkata, Mumbai, and Chennai.
- On March 22, 2022, another ₹50 hike pushed domestic cylinder prices to around ₹950 in Delhi and even higher in other metros.
On March 1, 2021, consumers faced a ₹25 increase, taking prices above ₹800 in major cities.
Although revisions did not happen every single March, whenever there was a change, it generally resulted in a price hike.
Commercial Cylinders Have Seen Bigger Shocks
The trend has been even sharper for commercial LPG cylinders.
In March 2023, prices increased by over ₹100 in key cities. Delhi saw a jump of about ₹105, while Kolkata, Mumbai, and Chennai experienced hikes between ₹106 and ₹108.
In March 2022, rates were revised twice in the same month. The first revision on March 1 itself pushed prices up by more than ₹100 in several cities. Such increases significantly raised operating costs for eateries and small businesses.
What Could Happen This Time?
There is no official indication yet on whether prices will go up, come down, or remain unchanged. However, past data suggests that March revisions have often brought increases, particularly for commercial users.With Holi festivities around the corner, families will be hoping that domestic LPG rates remain stable. Any hike just before a major festival can put extra pressure on monthly budgets.
The final picture will become clear once oil marketing companies announce the new rates on March 1. Until then, consumers and businesses alike are advised to stay alert and check official updates before making advance bookings or large purchases.
Disclaimer: This article is for informational purposes only. LPG prices are subject to revision by oil marketing companies and may vary by city. Readers are advised to check official company websites or authorized distributors for the latest and accurate cylinder rates before booking.
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