Commercial LPG prices raised by Rs 9.5 for every 19kg cylinder; ATF rates also hiked
New Delhi witnessed a price hike on commercial LPG cylinders and Aviation Turbine Fuel (ATF) from Tuesday, September 1. This rise reverses two months of price cuts, likely to increase fuel costs for airlines and businesses like restaurants, hotels, and catering services. A 19-kg commercial LPG cylinder's price rose from Rs 2,738 to Rs 2,747.50, while a 5-kg free trade LPG cylinder's price increased by Rs 2 to Rs 764.
Aviation Turbine Fuel (ATF) prices for domestic airlines saw a 5.46% increase to Rs 121.28 from Rs 115 per litre, marking a 6.28% rise since August 1. This hike comes after a series of price cuts, which began with a Rs 192 reduction in August and another Rs 183.50 in July. These reductions followed a sharp surge in prices due to the West Asia crisis, where commercial LPG rates jumped by Rs 1,373 between February and June.
ATF and LPG prices are adjusted monthly based on international benchmark prices and foreign exchange rates, varying across states due to local taxes.
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